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May 1, 2020
Question

From bankruptcy educational loan i cosigned for my niece took $572 for 2019. Can I include this payment as a deduction?

  • May 1, 2020
  • 1 reply
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1 reply

Hal_Al
Employee
May 1, 2020

No.  Student loan payments, whether voluntary or forced, are not deductible.

The interest portion would be deductible, if your niece was your dependent while she was going to school.