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It's telling me that my "TP qualified loan amount should be greater than zero" But what if I didn't technically use student loans to pay off this loan? what do I put?

I did pull out loans I believe for 2021-2022 but I don't know if this is asking me how much loans I pulled out or how much of those loans were used to pay off this debt. because if that's the case I technically didn't use loans to pay it off and I think that's what its asking me
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1 Reply
AmyC
Expert Alumni

It's telling me that my "TP qualified loan amount should be greater than zero" But what if I didn't technically use student loans to pay off this loan? what do I put?

Student loans are used to pay for school. Once you get out of school, you pay it back with other money. I assume you paid on student loan debt. The program needs to know how much you borrowed. You can't claim a deduction for student loan debt paid if you don't have any. The program thinks you have no student loan debt since that is the same as zero debt.

 

If my assumption is wrong, please explain more.

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