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Can I deduct the interest on a student loan I co-signed for my ex-husband if I am the one making the payment?

 
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Can I deduct the interest on a student loan I co-signed for my ex-husband if I am the one making the payment?

You can deduct student loan interest if:

  • You paid interest on a qualified student loan in tax year 2015

  • You are legally obligated to pay interest (ie. you are a co-signer) on a qualified student loan

  • Your are not filing Married Filing Separate

  • Your Modified Adjusted Gross Income 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.

 


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