What it is: If you’re repaying student loans, you may be able to deduct up to $2,500 in interest.
Why it matters: With interest rates climbing and student debt surpassing $1.7 trillion, every little bit helps.
How to claim it: You must be legally responsible for the loan, and your modified adjusted gross income (MAGI) must be below $90,000 ($180,000 for joint filers).
3. Medical Expenses Deduction
