Yes, since you are the cosigner that means your are legally obligated to repay the loan and you can also deduct the 1098-E for your dependent on your tax return.
You can claim
the deduction if all of the following apply:
- You paid
interest on a qualified student loan in tax year 2016
- You are legally obligated to pay interest on a qualified student
loan
- Your
filing status is not married filing separately
- Your MAGI
is less than a specified amount which is set annually, and
- You or
your spouse, if filing jointly, cannot be claimed as dependents on someone
else's return
Please see the
following IRS link for more information: https://www.irs.gov/taxtopics/tc456.html
In TurboTax when you enter the 1098-E, please select the box for yourself as the "borrower."
[Edited 1/28/2017]
