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No, that payment cannot be used as a deduction. That would be considered a personal loan and personal loan payments are not deductible on a tax return.
Q. I have to repay a scholarship via monthly payments as I dropped out of college....can I claim amount paid in 2023on my taxes?
A. No. More accurately, probably not. If the classes were also in 2023, then you can claim the amount you paid in 2023, but only for the 2023 classes.
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