Comments on: Deducting Student Loan Interest http://www.bargaineering.com/articles/deducting-student-loan-interest.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 23:30:41 +0000 hourly 1 By: John Adkins http://www.bargaineering.com/articles/deducting-student-loan-interest.html/comment-page-1#comment-369654 John Adkins Thu, 16 Jun 2011 15:03:17 +0000 http://www.bargaineering.com/articles/deducting-student-loan-interest.html#comment-369654 My salary is being garnished at this time to repay my defaulted student loan. It is an administrative garnishment, not a judicial garnishment. My question is: Will I be able to deduct the interest on my tax return for this administrative garnishment? Thanks, John My salary is being garnished at this time to repay my defaulted student loan. It is an administrative garnishment, not a judicial garnishment. My question is: Will I be able to deduct the interest on my tax return for this administrative garnishment?
Thanks,
John

]]> By: HC http://www.bargaineering.com/articles/deducting-student-loan-interest.html/comment-page-1#comment-49804 HC Tue, 12 Dec 2006 14:52:25 +0000 http://www.bargaineering.com/articles/deducting-student-loan-interest.html#comment-49804 Normally I'd say only he is eligible to deduct the interest. But if she cosigned the loan, then she is probably considered "legally obligated" which is one of the points that deductibility turns on. http://www.irs.gov/publications/p970/ch04.html She should definitely call the IRS to clarify this. Normally I’d say only he is eligible to deduct the interest. But if she cosigned the loan, then she is probably considered “legally obligated” which is one of the points that deductibility turns on.

http://www.irs.gov/publications/p970/ch04.html

She should definitely call the IRS to clarify this.

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