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coolj9000
New Member

My son withdrew for college and had to pay the school back for the loans. Can he claim the amount he had to pay the school back on his taxes?

 
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AlanT
Expert Alumni

My son withdrew for college and had to pay the school back for the loans. Can he claim the amount he had to pay the school back on his taxes?

Unfortunately, he cannot claim the amount he had to pay the school back on his taxes.  However, he can deduct the interest on the student loans. 

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AlanT
Expert Alumni

My son withdrew for college and had to pay the school back for the loans. Can he claim the amount he had to pay the school back on his taxes?

Unfortunately, he cannot claim the amount he had to pay the school back on his taxes.  However, he can deduct the interest on the student loans. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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