in Education
You'll need to sign in or create an account to connect with an expert.
Making loan payments means making payments to reduce the outstanding balance. Most student loans remain in deferment while you are a student and you don't make payments until you leave school.
Tuition and fees paid out of loans are counted as paid out-of-pocket and qualify you for education credits.
You should have received a form 1098-T. Education credits can be claimed by your parents if they claim you as a dependent. Otherwise, you can claim them.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
PhxSand
Level 2
in Education
LMCG4ME
New Member
user17702309712
New Member
pjhofmann
New Member
bla_bla_123
Level 2
in Education