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March 27, 2020
Question

Student Loan interest paid by co-signer parent for dependant student

  • March 27, 2020
  • 1 reply
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So as the co-signer I understand that I can deduct my dependant son's student loan interest -  I have been making interest payments for him.  However, I am not listed on the 1098-e, it only has his name on it, and Turbo Tax tells me I cannot claim it.  So how to claim it?

1 reply

March 27, 2020

As the co-signer and as you have paid the loan interest, you can claim the student loan interest deduction.

 

In TurboTax, answer that the loan is in your name.

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