Q. TurboTax - the site says that the IRS will only let you claim the student loan interest deduction IF your name in on the 1098-E form. Is this correct ???
A. No.
You can claim the interest deduction, if you meet the three requirements:
- You paid the interest
- You are legally obligated to pay it (co-signing counts)
- The student was your dependent, at the time the loan was used to pay for qualified educational expenses
Enter at the 1098-E screen as if it were yours