Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Adjustments to Income Workout

Student Loan Interest

Case Study 5: Eligible Student

Last year, Jeremy paid interest on a loan that allowed his 21-year-old daughter, Kate, to complete a program in holistic medicine. Kate, who qualifies as Jeremy's dependent, is a full-time student at Southwestern College of Synergistic Therapy and the loan paid for books, supplies, and equipment. The college, however, is not accredited. Jeremy cannot deduct the interest on the student loan.

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College setting.