You'll need to sign in or create an account to connect with an expert.
No. Your daughter cannot take the credit on her taxes for the interest you paid on the student loan.
According to the IRS, you can claim this student loan tax deduction if all of the following apply: You paid interest on a qualified student loan during the tax year for which you are filing. You are legally obligated to pay interest on a qualified student loan.
Please see IRS Tax Topic 456 for more information. https://www.irs.gov/taxtopics/tc456
No. Your daughter cannot take the credit on her taxes for the interest you paid on the student loan.
According to the IRS, you can claim this student loan tax deduction if all of the following apply: You paid interest on a qualified student loan during the tax year for which you are filing. You are legally obligated to pay interest on a qualified student loan.
Please see IRS Tax Topic 456 for more information. https://www.irs.gov/taxtopics/tc456
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
ak62
Returning Member
ilovesantos
New Member
jacksont0708
New Member
tzupoomom
New Member
KarenL
Employee Tax Expert