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jtbearor
New Member

I refinanced a student loan this year. Can I deduct the interest payments made to my pre-refinanced loan by the new servicer, or can I only deduct interest I payed??

 
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MinhT
Expert Alumni

I refinanced a student loan this year. Can I deduct the interest payments made to my pre-refinanced loan by the new servicer, or can I only deduct interest I payed??

You can only deduct the interest you actually paid.

The interest paid by the new servicer were added to the loan principal from the new servicer and not paid by you.

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1 Reply
MinhT
Expert Alumni

I refinanced a student loan this year. Can I deduct the interest payments made to my pre-refinanced loan by the new servicer, or can I only deduct interest I payed??

You can only deduct the interest you actually paid.

The interest paid by the new servicer were added to the loan principal from the new servicer and not paid by you.

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