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oldiron
Mar 31, 2007, 04:58 PM
We have a Parent Plus loan in our name that our son is making the payments on. Can he deduct the interest on his taxes if the 1098-E is in our name but he is paying it?:confused:

AtlantaTaxExpert
Apr 4, 2007, 12:31 PM
The person who is LEGALLY LIABLE to pay the only is the person who gets to claim the deduction.