turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

pmshonda
New Member

Whose return do I claim 1098E (Education Interest Paid) on, if son is FT student and dependent with minor earned income?

Son is FT student & made $1500. Tried claiming on his return but it said "no"- dependent. Tried my return but says 1098-E int paid must be claimed by borrower on form, even if paid for dependent child. I am a co-signer and the form came in his name, although I made all interest and principal payments. 

The form only gives me my name and my husband's as an option for who the education credit was for.

Where do I claim?

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
MinhT
Expert Alumni

Whose return do I claim 1098E (Education Interest Paid) on, if son is FT student and dependent with minor earned income?

You can claim the student loan interest deduction on your tax return as you are the co-signer and pay the loan installments. In TurboTax, you choose the name of the co-signer as the borrower.

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

View solution in original post

1 Reply
MinhT
Expert Alumni

Whose return do I claim 1098E (Education Interest Paid) on, if son is FT student and dependent with minor earned income?

You can claim the student loan interest deduction on your tax return as you are the co-signer and pay the loan installments. In TurboTax, you choose the name of the co-signer as the borrower.

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies