If I co-sign on my daughters student loans and she claims it on her taxes, do I still have to list it on my taxes?

brandys1127 · ‎March 2, 2025

Hal_Al · ‎March 2, 2025

No. It can only be reported on one return.

She can claim the student loan interest deduction on her return if she actually pays it and can no longer be claimed as your dependent.

MinhT1 · ‎March 2, 2025

No.

If your daughter paid the loan and claims the interest deduction on her own tax return, you do not list it on your own tax return.

Your daughter cannot your dependent if she claimed the student loan interest deduction.

Please read this IRS document for more information.

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