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Level 2
posted Jun 1, 2019 8:38:54 AM

Can I deduct my son's student loan interest in my tax return even if he's already graduated? Turbotax is asking for his enrollment status in 2018. Does it matter?

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1 Replies
Expert Alumni
Jun 1, 2019 8:38:56 AM

Yes, you can deduct the student loan interest as long as you are legally obligated to pay the interest on the qualified student loan.  The interest deduction is for the life of the loan you are obligated to pay, not just while he is in school.