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Level 1
June 3, 2019
Solved

Student loan interest deduction

  • June 3, 2019
  • 1 reply
  • 17 views
I have a private student loan, I am the primary borrower, my parent is the co borrower. Who can claim the interest paid on this loan for 2016?
Best answer by PopeyeTheSalior

Who paid the interest ?  To claim the deduction, you must be legally obligated to pay interest on a qualified student loan and you paid interest on a qualified student loan.

1 reply

PopeyeTheSalior
Level 13
June 3, 2019

Who paid the interest ?  To claim the deduction, you must be legally obligated to pay interest on a qualified student loan and you paid interest on a qualified student loan.