I am a cosigner on student loan and made all payments in 2023.1098-E is in parent's name,they r not claiming me as dependent on their taxes,can I take the int deduction?

[Vanessa A]

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:

• Deductions and Credits
• Show more next to Education
• Student Loan Interest Paid (Form 1098-E)
• Then enter your student loan interest paid

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

[Bsch4477]

Yes, you can take the interest deduction since you are liable for the loan and they are not claiming you as a dependent. 

[smbm]

Thanks very much!