My son is a 22 year old college student who qualifies as a dependent (we continue to provide more than 1/2 of his support and he lives in our home more than 1/2 of the year). He is financing his education via Sallie Mae loans. The institution has sent form 1098-T. Can his 2006 tuition expenses paid with loan proceeds be a deduction on his or our 1040 return?
- posted
17 years ago
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