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steph2thmgr
New Member

My daughter is 24. Graduated from college 2 yrs ago and has been paying school loans since then. We still claim her on our taxes. Can we claim the interest paid on these

Can we as her parents claim the interest paid on these loans even though the accounts are in her name?
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Texas Roger
Level 15

My daughter is 24. Graduated from college 2 yrs ago and has been paying school loans since then. We still claim her on our taxes. Can we claim the interest paid on these

To deduct student loan interest, you must be legally obligated to pay the loans and you must pay them. If your name is not on the loan, you are not legally obligated to pay them and can't deduct the interest.

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Texas Roger
Level 15

My daughter is 24. Graduated from college 2 yrs ago and has been paying school loans since then. We still claim her on our taxes. Can we claim the interest paid on these

To deduct student loan interest, you must be legally obligated to pay the loans and you must pay them. If your name is not on the loan, you are not legally obligated to pay them and can't deduct the interest.

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