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jaymasko
New Member

If I haven't made any payments toward my student loans, do I still qualify for the student loan interest paid tax deduction?

I'm not entirely sure if I qualify or not. I do have student loans that have incurred interest, but I have yet to make a payment. Do I qualify?
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xmasbaby0
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

If I haven't made any payments toward my student loans, do I still qualify for the student loan interest paid tax deduction?

If you have not made any payments on your student loans, and have paid no interest on those loans, no, you cannot get a deduction for student loan interest.  The deduction is only for actually paying interest, and you would have a 1098E from the lender showing the interest you paid during the year.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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1 Reply
xmasbaby0
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

If I haven't made any payments toward my student loans, do I still qualify for the student loan interest paid tax deduction?

If you have not made any payments on your student loans, and have paid no interest on those loans, no, you cannot get a deduction for student loan interest.  The deduction is only for actually paying interest, and you would have a 1098E from the lender showing the interest you paid during the year.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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