Solved: My child lives with us and we claimed her as a dependent. We paid her student loan int. She will not be filing a return. Can I claim the paid int on my taxes?
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My child lives with us and we claimed her as a dependent. We paid her student loan int. She will not be filing a return. Can I claim the paid int on my taxes?

 
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Level 15

My child lives with us and we claimed her as a dependent. We paid her student loan int. She will not be filing a return. Can I claim the paid int on my taxes?

That link says the following: "You're legally obligated to pay interest on a qualified student loan."

Since you are not on the loan, you do not have this obligation, and thus cannot deduct it.

View solution in original post

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Level 15

My child lives with us and we claimed her as a dependent. We paid her student loan int. She will not be filing a return. Can I claim the paid int on my taxes?

Did you cosign the loan?
New Member

My child lives with us and we claimed her as a dependent. We paid her student loan int. She will not be filing a return. Can I claim the paid int on my taxes?

No I did not cosign.  My initial thought was no I couldn't take the int. payment since I'm not on the loan. Then I saw this answer (link) and thought I better double check.
<a rel="nofollow" target="_blank" href="https://ttlc.intuit.com/replies/3302319">https://ttlc.intuit.com/replies/3302319</a>
Level 15

My child lives with us and we claimed her as a dependent. We paid her student loan int. She will not be filing a return. Can I claim the paid int on my taxes?

That link says the following: "You're legally obligated to pay interest on a qualified student loan."

Since you are not on the loan, you do not have this obligation, and thus cannot deduct it.

View solution in original post

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