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Can I claim student loan interest that I paid under an income-driven repayment plan on my tax return?

Posted 06 July 2015 02:36 PM

Heather Administrator
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Regardless of your repayment plan, under current federal tax law you may deduct interest that you paid on
qualified student loans in accordance with IRS rules. Your loan servicer will send you a Form 1098-E showing
the amount of interest that you paid. However, you are responsible for monitoring IRS materials and websites
for any changes in federal tax law.

For more information go to the Income-Driven Repayment Plans: Frequently Asked Questions Website

     

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