The personal exemption is incorrect. It doesn't add the children into the total (https://www.irs.gov/pub/irs-pdf/f1040.pdf https://www.irs.gov/pub/irs-pdf/f1040

The personal exemption is incorrect. It doesn't add the children into the total (https://www.irs.gov/pub/irs-pdf/f1040.pdf https://www.irs.gov/pub/irs-pdf/f1040.pdf), but you can enter it by hand. Also, Student Loan Interest is an above the line deduction (line 33 on 1040), i.e. you can deduct it regardless of whether or not you itemize.