EDUCATION

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EDUCATION

Student Loan Interest Deductions limit for 2017 is $2,500

  • Phaseout Married Filing Joint ($135,000 - $165,000 MAGI)
  • Phaseout All Others ($65,000 - $80,000 MAGI)

Coverdell Education Savings Accout for 2017 is $2,000

  • Phaseout Married Filing Joint ($190,000 - $220,000)
  • Phaseout All Others (95,000 - $110,000)

Phaseout for Lifetime Learning Credits

  • Married Filing Joint ($112,000 - $132,000)
  • All Others ($56,000 - $66,000)

American Opportunity Tax Credit for 2017 is $2,500

  • Phaseout Married Filing Joint ($160,000 - $180,000)
  • Phaseout All Others ($80,000 - $90,000)

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