How Much Is My Standard Deduction? Determine the amount of your standard deduction. Can I Claim a Deduction for Student Loan Interest? Determine if you can deduct the 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.