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I am paying my son's school loan. He can not take the deduction, as I claim him as a dependent. The interest I paid is $1,333.37. Can I take the deduction?

 
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MinhT
Expert Alumni

I am paying my son's school loan. He can not take the deduction, as I claim him as a dependent. The interest I paid is $1,333.37. Can I take the deduction?

You can claim the student loan interest deduction if you are legally obligated to repay the loan as the borrower or the co-signer.

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2 Replies
MinhT
Expert Alumni

I am paying my son's school loan. He can not take the deduction, as I claim him as a dependent. The interest I paid is $1,333.37. Can I take the deduction?

You can claim the student loan interest deduction if you are legally obligated to repay the loan as the borrower or the co-signer.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I am paying my son's school loan. He can not take the deduction, as I claim him as a dependent. The interest I paid is $1,333.37. Can I take the deduction?

Thank you.

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