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Author: ggless Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121105  
Subject: Interesting question. Date: 2/8/2001 6:41 AM
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Hello everyone;

I am in need of some advice, obviously. Here's my situation. My father took out a Parents Loan while I was in school. Since getting out of school, I have taken over the payments. I have received my 1099-statement of interest paid during 2000. The name on the 1099 is my father's. My question is, can I claim the deduction on my taxes since I made the payments? I was planning on drawing up a document, getting a signature from my father, that explained the situation and kept the document in my tax file for the year.

Thanks in advance for the advice.

Greg
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