Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 10:43:53 AM

If my student loans are in deferment or forbearance would I file this?

0 1 481
1 Best answer
Intuit Alumni
Jun 1, 2019 10:43:55 AM

You can deduct the interest accrued but not paid while in deferment or forbearance. However, you can deduct the interest that was paid. If the interest accrued on your student loans but you did not pay it then you cannot deduct it.

1 Replies
Intuit Alumni
Jun 1, 2019 10:43:55 AM

You can deduct the interest accrued but not paid while in deferment or forbearance. However, you can deduct the interest that was paid. If the interest accrued on your student loans but you did not pay it then you cannot deduct it.