My fiancee is a college student who had to take out student loans to cover the tuition, every dollar went directly to the school. Will the loans still count as income?

[KatrinaB48]

No, student loan money used to pay tuition and fees is not taxable.

[rleverton1982 · Accepted solution]

With those student loans, can I still claim him as a dependent? He did not work all year. I just want to make sure I'm very clear on this. I appreciate your help.

[CatinaT1 · Accepted solution]

You can claim a child, relative, friend, fiance (etc.) as a dependent on your 2019 taxes as long as they meet all of the following requirements :

• You provided more than half of their financial support. More info
• They made less than $4,200 in gross income during 2019 
• They live with you for all 12 months 
• They are a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
• They aren't (or won't be) claimed as a dependent by someone else.
• They aren’t filing a joint return with their spouse.
• You are not being claimed as a dependent on someone else's return.