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January 23, 2022
Question

My student loans were transferred in 2021. According to the nelnet web site, it shows the interest was paid in the transfer. Can I still deduct the interest on my return

  • January 23, 2022
  • 1 reply
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I didn't make any payments in 2021.

1 reply

January 23, 2022

To qualify for the student loan interest deduction, you must have paid the interest. As the interest is rollovered in the transfer, you cannot take the student loan deduction.

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