Skip to main content
March 29, 2024
Question

My Parents have a ParentPlus loan to cover my tuition. I have made payments on the loan. They received the form 1098-E. Is there a way for me to claim it on my taxes?

  • March 29, 2024
  • 1 reply
  • 0 views
No text available

1 reply

Hal_Al
Employee
March 29, 2024

Q.  Is there a way for me to claim it on my taxes?

A. No. 

You can only claim the interest deduction, if you meet these two requirements:

  1. You paid the interest
  2. You are legally obligated to pay it. Co-signing counts. But, typically, students do not co-sign Parent Plus loans.