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Level 2
June 1, 2019
Solved

My son has a student loan which I pay and he is a dependent on the tax form can I clam it

  • June 1, 2019
  • 3 replies
  • 28 views
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Best answer by CherylW

Yes, you may claim it, ONLY if you took the loan out.  If it is in your son's name, then you can not deduct it. 

This, from IRS Tax Topic 456: 

A qualified student loan is a loan you took out solely to pay qualified higher education expenses that were:  

  • For you, your spouse, or a person who was your dependent when you took out the loan

3 replies

Level 2
June 1, 2019
Even if the loan is in his name not mine?
Level 11
June 1, 2019
If the loan is in your son's name, then you can NOT deduct it.
CherylWAnswer
Level 11
June 1, 2019

Yes, you may claim it, ONLY if you took the loan out.  If it is in your son's name, then you can not deduct it. 

This, from IRS Tax Topic 456: 

A qualified student loan is a loan you took out solely to pay qualified higher education expenses that were:  

  • For you, your spouse, or a person who was your dependent when you took out the loan