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New Member
posted Jun 3, 2019 12:10:29 PM

I got a loan for my daughter when she was a student and now has graduated but I paid towards the loan of $4579 for student loan interest. she is not my dependent

my daughter is now married and files her own taxes.  I got the loan 20

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1 Replies
New Member
Jun 3, 2019 12:10:30 PM

You may be able to claim a deduction for the student loan interest you paid IF you meet all of the following conditions:

  • ·         Your filing status is any filing status except married filing separately.
  • ·         No one else is claiming an exemption for you on his or her tax return.
  • ·         You are legally obligated to pay interest on a qualified student loan.
  • ·         You paid interest on a qualified student loan.

These conditions can be found at the following link under the section “Can You Claim the Deduction?”

https://www.irs.gov/publications/p970/ch04.html#en_US_2016_publink1000178272  

Usually this boils down to are you legally obligated to pay?  Is your name on the loan?  If it isn’t, you won’t be allowed to claim a deduction.

For further information please look at the following:

https://ttlc.intuit.com/replies/3302319