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Level 1

Can i claim a deduction for school tuition I paid using student loans? Or am I only able to deduct tuition I pay directly out of pocket without using loans?

 
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Level 11

Can i claim a deduction for school tuition I paid using student loans? Or am I only able to deduct tuition I pay directly out of pocket without using loans?

Yes, you can claim tuition paid using loan money. You treat it as though paid out-of-pocket.

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Level 11

Can i claim a deduction for school tuition I paid using student loans? Or am I only able to deduct tuition I pay directly out of pocket without using loans?

Yes, you can claim tuition paid using loan money. You treat it as though paid out-of-pocket.