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When claiming student loan interest deduction, if the holder of the loan is my dependent, and I’m a co-signer, can I claim the interest as a deduction even if my form say the dependents social?
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January 27, 2020
11:58 AM
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January 27, 2020
11:58 AM
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When claiming student loan interest deduction, if the holder of the loan is my dependent, and I’m a co-signer, can I claim the interest as a deduction even if my form say the dependents social?
Yes, as a co-signer on your dependent's student loan, you are legally obligated to pay the loan, so you may deduct the interest.
Click the link for more info on Student Loan Interest Paid.
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January 27, 2020
12:25 PM
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When claiming student loan interest deduction, if the holder of the loan is my dependent, and I’m a co-signer, can I claim the interest as a deduction even if my form say the dependents social?
Yes, as a co-signer on your dependent's student loan, you are legally obligated to pay the loan, so you may deduct the interest.
Click the link for more info on Student Loan Interest Paid.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
January 27, 2020
12:25 PM
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