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1 reply

Hal_Al
Employee
February 20, 2020

Maybe (probably).

 

If you are paying off student loans, the interest paid is an "above the line" deduction (you get it in addition to the standard or itemized deductions).

 

If you are paying tuition with student loans, you can count those payments toward claiming the education deduction, or credit, on your return, or your parent's return, if you are a dependent.