How Much Is My Standard Deduction? Your standard deduction depends on your filing status, age and whether a taxpayer is blind. Learn how it affects your taxable income and any limits on claiming it. Can I Claim a Deduction for Student Loan Interest? Find out if you can deduct interest you paid on a student or educational loan. Can I Deduct My Moving Expenses? Determine if you can deduct your moving expenses. How Do I Claim My Gambling Winnings and/or Losses? Determine how to claim your gambling winnings and/or losses.