<prompt> Human: Posting for a friend:Friend has students loans that he says are not in his name at all, all in his parents names. Goofy coworker has come up with this scheme: friend donates payments to his parents rather than directly paying the loan. Parents pay loan with donated money. Friend gets to deduct donated funds and then itemize taxes because the donations will exceed standard deduction. Parents get to deduct interest payments.I am fairly sure this is not going to be allowed, but can someone please give a formal explanation why?  <response>: Are your friends parents a 501c? Because you cant just say you donated money to some random people and deduct it. 