In article <B%Lgl.2162$Xi1.1562[at]newsfe16.iad> ,
Brian Devlin <bdevlin3[at]cox.net> wrote:
- quote -


Yes.
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ArtKamlet at a o l dot c o m Columbus OH K2PZH

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bdevlin3[at]cox.net (Brian*Devlin) posted:

- quote -

Yes, Brian, so long as she is your dependent, or _was_ your dependent at
the time you took out the loan. (As you note, you were the co-borrower,
that seems a settled matter.)

IRS Pub 17 has an excellent discussion with charts which defines the
income limits and maximum deductions which apply (and it can be found on
pages 133-134). This should be accessible at http://www.irs.gov, and
then choose Publications, and select the HTML option for reading on
line.

Bill

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >

I am the co-borrower along with my daughter on student loans used to pay
for her college education. She was my dependent at the time the loans
were taken out. I am now paying the loans back as she is not yet
financially able to. Am I entitled to the deduction?

Thanks,
Brian Devlin

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >