topic I paid $3200 of interest on student loans this year. The student loan is in my father's name. Can i deduct this on my return or will my father have to do this? in Education

I paid $3200 of interest on student loans this year. The student loan is in my father's name. Can i deduct this on my return or will my father have to do this?

tsparks67 — Thu, 30 Jan 2020 23:08:15 GMT

Bsch4477 — Thu, 30 Jan 2020 23:22:25 GMT

You have to be liable for the loan so only your father can deduct the interest up to $2,500 even though you made the payments.

AlanT222 — Thu, 30 Jan 2020 23:25:15 GMT

You can claim the deduction if all of the following apply:

You paid interest on a qualified student loan in tax year 2019.
You can take the deduction as a student, or as a parent making payments on your dependent student’s loan. However, you or your spouse, if filing jointly, can't be claimed as dependents on someone else's return.
You're legally obligated to pay interest on a qualified student loan.
Your filing status isn't married filing separately.
Your MAGI is less than a specified amount, which is set annually.

Since your father is legally obligated to pay the interest on the student loan, your father would be entitled to claim the interest deduction.