- Joined
- Jul 7, 2005
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Im a resident and my loans are in forbearance. I paid about 2k last year toward my loan of which about $400 went to interest and rest went to principal. I wasnt required to pay but I wanted to keep some of the interest from capitalizing, ect.
My question is can I claim the $400 I paid as interest on student loans. I know this sounds obvious but I found a fine print that says dont include interest you were not required to pay. I take that as.. Im still required to pay it, just not right now. My wife takes it as.. you werent required to pay at that time since in forbearance so dont include it.
It only takes about $60 bucks off my refund if I dont include it but hey,,,60 bucks is 60 bucks.
Anyone know the answer?
My question is can I claim the $400 I paid as interest on student loans. I know this sounds obvious but I found a fine print that says dont include interest you were not required to pay. I take that as.. Im still required to pay it, just not right now. My wife takes it as.. you werent required to pay at that time since in forbearance so dont include it.
It only takes about $60 bucks off my refund if I dont include it but hey,,,60 bucks is 60 bucks.
Anyone know the answer?