Instructions For Form 1040-A - U.s. Individual Income Tax Return - 2016 Page 35
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922017 Form 1040A—Lines 18 Through 23a
Student Loan Interest Deduction Worksheet—Line 18
Keep for Your Records
Before you begin:
See the instructions for line 18.
1.
Enter the total interest you paid in 2017 on qualified student loans (see the instructions for line 18). Do not enter more
than $2,500 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1.
2.
Enter the amount from Form 1040A, line 15
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.
3.
Enter the total of the amounts from Form 1040A, lines 16 and 17 . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4.
Subtract line 3 from line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4.
5.
Enter the amount shown below for your filing status.
Single, head of household, or qualifying widow(er)—$65,000
. . . . . . . . . . . .
5.
Married filing jointly—$135,000
. .
6.
Is the amount on line 4 more than the amount on line 5?
Skip lines 6 and 7, enter -0- on line 8, and go to line 9.
No.
Subtract line 5 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
Yes.
7.
Divide line 6 by $15,000 ($30,000 if married filing jointly). Enter the result as a decimal (rounded to at least three places). If
.
the result is 1.000 or more, enter 1.000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
8.
Multiply line 1 by line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.
9.
Student loan interest deduction. Subtract line 8 from line 1. Enter the result here and on Form 1040A, line 18 . . . . . . . . .
9.
1. Yourself or your spouse.
so you can claim it on your 2017 return, go to
IRS.gov/
Extenders
or IRS.gov/Form1040A.
2. Any person who was your dependent when the loan was
taken out.
If legislation doesn’t extend the deduction for 2017, treat
3. Any person you could have claimed as a dependent for
the amount on line 19 as zero when any form, worksheet, or in-
the year the loan was taken out except that:
struction refers to line 19.
a. The person filed a joint return,
b. The person had gross income that was equal to or more
Tax, Credits, and Payments
than the exemption amount for that year ($4,050 for 2017), or
c. You, or your spouse if filing jointly, could be claimed as
Line 23a
a dependent on someone else's return.
If you were born before January 2, 1953, or were blind at the
However, a loan isn't a qualified student loan if (a) any of
end of 2017, check the appropriate boxes on line 23a. If you
the proceeds were used for other purposes, or (b) the loan was
were married and checked the box on Form 1040A, line 6b,
from either a related person or a person who borrowed the pro-
and your spouse was born before January 2, 1953, or was blind
ceeds under a qualified employer plan or a contract purchased
at the end of 2017, also check the appropriate boxes for your
under such a plan. For details, see Pub. 970.
spouse. Be sure to enter the total number of boxes checked.
Qualified higher education expenses. Qualified higher edu-
Don't check any box(es) for your spouse if your filing status is
cation expenses generally include tuition, fees, room and
head of household.
board, and related expenses such as books and supplies. The
Death of spouse in 2017. If your spouse was born before Jan-
expenses must be for education in a degree, certificate, or simi-
uary 2, 1953, but died in 2017 before reaching age 65, don't
lar program at an eligible educational institution. An eligible
check the box that says “Spouse was born before January 2,
educational institution includes most colleges, universities, and
1953.”
certain vocational schools. For details, see Pub. 970.
A person is considered to reach age 65 on the day before his
Line 19
or her 65th birthday.
Example. Your spouse was born on February 14, 1952, and
Reserved for Future Use
died on February 13, 2017. Your spouse is considered age 65 at
the time of death. Check the appropriate box for your spouse
At the time these instructions went to print, the tuition
!
on line 23a. However, if your spouse died on February 12,
and fees deduction formerly claimed on line 19 had
2017, your spouse isn't considered age 65. Don't check the box.
expired. You can’t claim a deduction on line 19 for ex-
CAUTION
penses paid or incurred after 2016. Line 19 is now shown as
Death of taxpayer in 2017. If you are preparing a return for
“Reserved for future use” in case Congress extends the deduc-
someone who died in 2017, see Pub. 501 before completing
tion for 2017. To find out if legislation extended the deduction
line 23a.
-35-
Need more information or forms? Visit IRS.gov.
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