Can I claim the student loan interest my dependent paid themselves on my taxes since they cannot claim it on theirs?

[JulieH1 · Accepted solution]

Unfortunately, no.

You are only allowed to deduct interest that you personally pay.

You can only deduct student loan interest if all of the following apply:

• You paid interest on a qualified student loan in tax year 2017.
• You are legally obligated to pay interest on a qualified student loan
• Your filing status is not married filing separately
• Your MAGI is less than a specified amount which is set annually, and
• You or your spouse, if filing jointly, cannot be claimed as dependents on someone else's return