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What is a "qualified student loan"?

before or after you took out the loan, and For education provided during an academic period for an eligible student. For details about these 3 requirements, see below. Loans from the following sources are not qualified student loans. A related

What are the qualifications for the Student Loan Interest Deduction?

You can generally take the student loan interest deduction if all of the following apply: You paid interest during the tax year on a qualifying student loan. Your filing status is not married filing separately. You are legally obligated

What types of loans DO NOT qualify for the student loan interest deduction?

You cannot deduct student loan interest if the loan was from one of the following sources: A related person, OR A qualified employer plan. Related Person: You cannot deduct interest on a loan you received from a related person. Related

Form 1098-E: What do I do with my Student Loan Interest Statement?

Any interest that you paid on qualifying student loans is generally reported to you on Form 1098-E, Student Loan Interest Statement by the financial institution to which you made the payments. If you received a 1098-E, you can generally

Personal Information > Student

A student is a child, who during any part of 5 calendar months (of the current filing year), was enrolled as a full-time student at a school, or took a full-time, on-farm training course given by a school or a state, county, or local

Check if this person was a FULL-TIME student

A full-time student is a student who is enrolled for the number of hours or courses the school considers to be full-time attendance. A school can be an elementary school, junior or senior high school, college, university, or technical

Basic Info >> Dependents >> Full-Time Student

Student , check this box if this person is a child, who during any part of 5 calendar months of the current tax year, was enrolled as a full-time student at a school or took a full-time, on-farm training course given by a school or a state

Check here if the Taxpayer is a full-time student

A full-time student is a student who is enrolled for the number of hours or courses the school considers to be full-time attendance. A school can be an elementary school, junior or senior high school, college, university, or technical

June 21 test

Education & Work-Related Expenses Question: Last year, my parents took out a student loan for me in their name and I also took out a student loan. My parents received Form 1098-E for their loan and I also received Form 1098-E for my loan

How do I claim the Credit for Child and Dependent Care Expenses if my spouse was a student or disabled?

, of the checkboxes should be marked when you are entering your dependent information into your account with TaxSlayer. Check if this person was a FULL-TIME STUDENT: The IRS defines a full-time student as a student who is enrolled for the number