Can student loan interest be claimed if it is through a private lender (family member), or do you need a 1098E from an institution?
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1 Best answer
Bsch4477
Level 15
Mar 15, 2020 3:24:43 PM
Related person. You can't deduct interest on a loan you get from a related person. Related persons include: • Your spouse; • Your brothers and sisters; • Your half brothers and half sisters; • Your ancestors (parents, grandparents, etc.);
1 Replies
Bsch4477
Level 15
Mar 15, 2020 3:24:43 PM
Related person. You can't deduct interest on a loan you get from a related person. Related persons include: • Your spouse; • Your brothers and sisters; • Your half brothers and half sisters; • Your ancestors (parents, grandparents, etc.);