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Can the Student Loan Interest Deduction be taken for interest that is paid on unsubsidized loans while a student is still in school?

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Can the Student Loan Interest Deduction be taken for interest that is paid on unsubsidized loans while a student is still in school?

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Yes. If you made interest payments in 2002 and after, the interest deduction allowed is all interest paid on the unsubsidized loans during the year– both required and voluntary payments.

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