You'll need to sign in or create an account to connect with an expert.
I am assuming you are the person the loan was taken out for your education and your parents or someone else cosigned for you?
Yes, you can claim the 1098-E on your return as long as you are legally liable to make the payments and you make the payments.
To enter your Student Loan interest select the following:
Student loan interest will lower your taxable income and is a deduction you can take even when you choose to take the standard deduction.
Student Loan Interest Deduction
Yes, you can take the interest deduction since you are liable for the loan and they are not claiming you as a dependent.
Thanks very much!
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Kim20201
Returning Member
DR2003
New Member
DisneyDiva
New Member
gmdandrea
New Member
Customer99
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.