Hello community I know we are all tired and need a break.  It's coming soon.  

I have a question that I have researched and have not been able to find an answer to.  If a student took out a student loan and is making payments and the parents are guaranteeing the loan I know that either one can take on their returns as a deduction.  But can they split the amount by putting the whole amount on one return and showing less amount belonging to the other with their ss#.  The total amount is $2000 and I was thinking if I can do it to take $1000 on each return.  

Let me know if anybody has done this and if it is allowed.

Thank you in advance,

John Skouberdis