1. Apr 11, 2004 #1
   

   rebldcrdt Member

   I just consolidated my student loans (Stafford Subsidized and Unsubsidized). Is the interest paid tax deductible?
   
   Thanks.

    

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3. Apr 11, 2004 #2
   

   goldhummin Well-Known Member

   Yes, the interest is deductible.
   
   My student loan is with Sallie Mae, and I can logon to the web site to find out details including the amount of interest paid.

    
4. Apr 12, 2004 #3
   

   snowballz Member

   there is currently a cap of $2400 with standard deducations. Might be different with itemized.

    

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