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Old 01-21-2014, 03:31 PM
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College tuition sent to debt collector

I pay a monthly payment to a debt collector for my college tuition, can I claim this on my taxes?



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Old 01-23-2014, 04:19 AM
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Originally Posted by Lwhit77117 View Post
I pay a monthly payment to a debt collector for my college tuition, can I claim this on my taxes?
No I don’t think so. You may be able to deduct qualified tuition and related expenses that you pay for yourself, your spouse, or a dependent, as a tuition and fees deduction or you mayhave already deducted your tuition/edu exp or fee on your return. Tuition debt is debt owed directly to an educational institution for unpaid tuition bills. Such debt can come from unpaid tuition at all education levels, from private elementary schools to graduate school. Tuition debt differs from student loans because there is no promissory note, which contains your promise to repay the loans or interest. This debt can arise when an individual believes he can pay the tuition without financial aid and attends classes as though this were the case, but then fails to make the payments on time



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