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July 3, 2020
Question

How do I deduct the interest on a student loan that I am cosigner of that my daughter defaulted on and refuses to pay, given that I made all payments in 2019?

  • July 3, 2020
  • 1 reply
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1 reply

DoninGA
Employee
July 3, 2020

To enter student loan interest paid -

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Education
  • On Student Loan Interest Paid (Form 1098-E), click the start or update button

Or enter student loan interest in the Search box located in the upper right of the program screen. Click on Jump to student loan interest