jjklh
Returning Member

Who claims student loan interest?

My son earned $6700 last year. He has to file taxes.  Parents paid the $5800 tuition cost that was above the scholarship amount. Parents paid over 1/2 support - claiming on taxes.  Parents have to report the 1098-T info.  However, son is paying the student loan.  No deduction for that - either by him or parents?