- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My mom took out a student loan for my schooling, and I have been paying it off. Can I claim it as a my deduction though she's the borrower on the 1098-E?
Topics:
posted
January 28, 2020
11:41 PM
last updated
January 28, 2020
11:41 PM
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My mom took out a student loan for my schooling, and I have been paying it off. Can I claim it as a my deduction though she's the borrower on the 1098-E?
No, you must be legally obligated to pay the interest on the student loan. Please view the qualifications for the student loan interest deductions for more information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
January 29, 2020
9:37 AM
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My mom took out a student loan for my schooling, and I have been paying it off. Can I claim it as a my deduction though she's the borrower on the 1098-E?
No, you must be legally obligated to pay the interest on the student loan. Please view the qualifications for the student loan interest deductions for more information.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
January 29, 2020
9:37 AM
Still have questions?
Make a post