What is the maximum student loan interest you can reclaim on taxes per year?
For instance, if i pay $5,000 vs $10,000 in student loan interest, do I get a bigger tax break or more money back if I pay $10,000 vs $5,000? Or is it capped at a certain amount once you pay a certain amount of money?
Tags: 'interest, loan, Maximum, reclaim, Student, Student Loan, Taxes, Year