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New Member
posted Jul 7, 2020 8:38:51 AM

1098 e form. It is in my daughters name and she cannot claim it cuz she is a dependent. I tried to claim it but could not cuz it was not in my name. Please advise

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3 Replies
Level 15
Jul 7, 2020 8:45:27 AM

In that case nobody can claim it.    Only the named student could claim it if not a dependent.

Level 15
Jul 7, 2020 8:46:33 AM

The student loan interest cannot be entered on a dependent's tax return and if you do not have a legal obligation for the loan payment, the interest cannot be entered on your tax return.

Level 15
Jul 7, 2020 8:57:03 AM

If you co-signed the loan (and are therefore legally obligated), you may deduct the interest, if you paid it, even though both the loan and the form 1098-E  are in her name. 

 

Otherwise, as others have said, nobody gets the deduction.