 Income tax 2023-2024, student loan interest deduction. Get ready and some coffee so you can recognize the quacks when doing income tax preparation 2023-2024. Most of this information can be found in the instructions for schedule one section of the form 1040 instructions tax year 2023 which you can find on the IRS website at irs.gov, irs.gov, looking at the income tax formula we're focused online to adjustment to income which you might hear called above the line deductions or schedule one deductions remembering the first half of the income tax formula is basically a funny income statement most income statements having income minus expenses resulting in net income here having income minus deductions resulting in taxable income noting