My mother took out several parent plus loans for my college education. I've been making the payments on the loans. Can she deduct the interest payments?
Per the IRS:
Generally, you can claim the student loan deduction if all of the following requirements are met.
- Your filing status is any filing status except married filing separately.
- No one else is claiming an exemption for you on his or her tax return.
- You are legally obligated to pay interest on a qualified student loan.
- You paid interest on a qualified student loan.
As your mother did not make the payments on the loan, she cannot claim the student loan interest.
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