Quote:
Originally Posted by mrblint I thought there might have been some law that favored the institutional participants in the PLUS program by disallowing the deduction if the loans were "taken away" from them. |
I see however, I have no idea about the situation; basically, as said, You can claim the deduction ;You paid interest on a qualified student loan in tax year 2015;You are legally obligated to pay interest on a qualified student loan ;Your filing status is NOT MFS, married filing separately; Your MAGI is less than a specified amount which is set annually, and You or your spouse, if filing jointly, cannot be claimed as dependents on someone else's return
, i guess you can contact the IRS for more info in detail