Student Loan Interest Deduction Amounts
| Student Loan Interest Deduction | ||
| 2007 | 2008 | |
| Maximum Expenses Eligible | $2,500 | $2,500 |
| Phaseout range (modified AGI)* | $55,000 - $70,000 ($110,000 - $140,000 MFJ) |
$55,000 - $70,000 ($115,000 - $145,000 MFJ) |
* MFS filers not eligible.