<prompt> Human: I returned to school at the beginning of last year. I decided to live with my parents for 2 years instead of keeping my dead-end job so that I could attend full-time and focus on grades and making connections within the university.I had a little in savings, so I continued to pay my private student loans, cellular plan, and car insurance car is paid off. I qualified for federal financial aid in the form of both loans and pell, which I used for school expenses. After that, a family member passed away and left me 2000, which I used to continue paying my previous private loans, as those two loans are the highest interest.Now its tax time and I received a letter stating the amount I paid in interest on my private student loans last year that I am supposed to report on my taxes. Since my parents are claiming me as a dependent, they want to claim this deduction on their taxes instead, and they claimed that I am not allowed to claim this deduction because Im receiving federal aid. Im not so sure this is allowed. I have no problem helping them out on taxes while they are helping me out, but Im not going to do anything that will get me into any type of trouble. Any information is greatly appreciated.TL;DR: Are my parents allowed to claim my student loan interest deductions on their taxes because I received financial aid?Edit: The two loans are not parent plus loans, but my father is the cosigner. Thanks again, everyone!  <response>: Since my parents are claiming me as a dependent, they want to claim this deduction on their taxes instead, and they claimed that I am not allowed to claim this deduction because Im receiving federal aid.They are wrong about both parts of this sentence. They cant claim the deduction for the interest on a student loan in your name. And you claiming the deduction has nothing to do with receiving federal aid. 