You'll need to sign in or create an account to connect with an expert.
No, none of the loan payoff is deductible. The student loan is a personal loan and is not reported on or deductible on a federal tax return. Only the student loan interest paid can be reported on a tax return.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
spartatrl-msn-co
New Member
mbirkenholz
New Member
bcvandaele
New Member
heyjb1
New Member
srcu496164
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.