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May 20, 2023
Question

I am a co signer on my son's college loan. I pay for the loans/interest, but the 1098E is in his name?

  • May 20, 2023
  • 1 reply
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1 reply

Hal_Al
Employee
May 20, 2023

You can claim the interest deduction, if you meet the three requirements:

1. You paid the interest

2. You are legally obligated to pay it (co-signing counts)

3. The student was your dependent, at the time the loan was used to pay for qualified educational expenses

 

The name on the 1098-E doesn't matter.