I have a substantial amount of loans from my bachelor's degree. I worked for a few years, saved money, and then returned to school full time. While working, my Modified Adjusted Gross Income (MAGI) was > $75,000 -- so student loan interest was not deductible, from what I understand.
I am now in graduate school and my MAGI is far below $60,000, so in principle if I had student loan payments, the interest could be deductible.
My student loans are currently in deferment.
Could I still make voluntary interest payments and deduct that amount from my taxes?