If I claim my daughter can she claim money she paid on her student loan

[alicass45]

I am not the co signer on the loan

[Marketstar · Accepted solution]

If you are eligible to claim your daughter as your dependent,  she cannot claim qualified student loan interest. See below:

You can deduct student loan interest if:

• You paid interest on a qualified student loan in tax year 2015

• You are legally obligated to pay interest (ie. you are a co-signer) on a qualified student loan

• Your are not filing Married Filing Separate

• Your Modified Adjusted Gross Income is less than a specified amount which is set annually, and

• You or your spouse, if filing jointly, cannot be claimed as dependents on someone else's return.