First let me say it would be nice if Turbo tax would add some information buttons to some of these tax questions the software uses. Just to provide some background on why they are asking and information to help the user make a more informed answer.
I have parent plus loans that are in my name for my daughters education. She graduated several years ago and since they are in my name I have been reporting student loan interest on my taxes now for several years. This year the State of Minnesota is asking if any qualified payments were made? well the loans were used for a qualifying school so is that what they mean by "qualified payments"? And yes, I have made payments over $12,000 this year. Then they ask how much the loans were for, I am assuming that is the starting amount of the loans and not the current balance of the starting balance on 1/1/20? Again, turbo tax doesn't offer up any clarifying information. I am assuming they want the amount of the loans because they dont have access to that information since they are federal loans?
