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February 2, 2025
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I am paying my daughters student loans, but she is no longer a dependent. However, at the time of the loads she was my dependent. Aren't I eligible to claim the credit?

  • February 2, 2025
  • 2 replies
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    Best answer by Hal_Al

    Yes, if you meet the third rule. You meet the first two rules: you actually paid the interest and she was your dependent at the time the loans paid educational expenses.

     

    The third is that you must be legally obligated to pay it.  That is, the loan was in your name or you were a co-signer. 

    2 replies

    Employee
    February 2, 2025

    If you are liable for the loan you can deduct a portion of the interest paid. 

    Hal_Al
    Hal_AlAnswer
    Employee
    February 2, 2025

    Yes, if you meet the third rule. You meet the first two rules: you actually paid the interest and she was your dependent at the time the loans paid educational expenses.

     

    The third is that you must be legally obligated to pay it.  That is, the loan was in your name or you were a co-signer.