Q. So can I deduct this as an education expense?
A. No, because it is in his name only. You don't meet #2.
You can claim the interest deduction, if you meet the three requirements:
- You paid the interest
- You are legally obligated to pay it (co-signing counts)
- The student was your dependent, at the time the loan was used to pay for qualified educational expenses (the TT pop up says “when you took out the loan”)
