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gholmberg88
New Member

I was in school full time in 2018 and my boss paid for my schooling up front as a personal loan. I am paying her back. Can I report the amount I have paid in my return?

 
1 Reply
Anita01
New Member

I was in school full time in 2018 and my boss paid for my schooling up front as a personal loan. I am paying her back. Can I report the amount I have paid in my return?

You can report the full amount of the loan as paid in 2018, just like you would with a student loan.

You will not claim them when you pay her back because you're not paying education expenses to the school at that time, you're just making payments on a personal loan.

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