The accelerated expansion of the large-scale universe can be explained in various ways. There are various modifications, and each of them makes an attempt to give its own explanation of the physics behind it. It is well known that modern cosmology is full of various phenomenological assumptions to obtain comprehensive results comparable with observational data. General Relativity is the main theory of gravity and proposed modifications compared to it, giving a hope to find explanations of phenomenological assumptions. f(T) theory of gravity is one of the options. In this paper, we will consider a particular example of f(T) theory and study the effects of various interactions on a cosmological model. Phase space analysis is used to have a qualitative understanding of the late-time behavior of the suggested cosmological models. During our study, we found that among phenomenological models suggested in this paper, we have cosmological models being in good agreement with the observational data. Moreover, study of the behavior of the deceleration parameter q showed a phase transition from a decelerated expanding universe to the accelerated (recent) expanding universe. On the other hand, for the parameters of the models giving the mentioned phase transition, we have estimated the present day values of statefinder parameters (r, s).