Private education loan for college

Forum|Forum|1 year ago
March 16, 2025
3 replies
47 views

Am I able to claim either the interest or any of it since I have paid into it for 2024?

Not A Product Question

Best answer by KrisD15

Yes, as long as the loan was taken to pay for education expenses and not held by a relative or employer.

Pub 970 Page 31

KrisD15Answer

Alumni - Intuit

Yes, as long as the loan was taken to pay for education expenses and not held by a relative or employer.

Pub 970 Page 31

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

jencapaldiAuthor

Level 2

But turbo tax says if the 1098 e doesn’t have my name on it I can’t. When I called the loan they said that’s just how they do it even though both our names out on the loan.

Vanessa A

Alumni - Intuit

If both of your names are on the loan, then you can claim the interest. The form does not matter as much as the loan. You may be able to go onto the bank website and see a form with your name.

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