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I am claiming my child, but the 1098E is in her name. How do I enter that on my tax form? It's asking if it belong to myself or my husband.

 
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1 Reply
Vanessa A
Expert Alumni

I am claiming my child, but the 1098E is in her name. How do I enter that on my tax form? It's asking if it belong to myself or my husband.

 Did you cosign for this loan?  You would need to be legally liable for the payments in order to claim the interest. If you made the payments but the loan is strictly in her name, you cannot take a deduction for the interest payments.  If you or your spouse cosigned the loan, then you would select the consignor as the person it belongs to. 

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