Filed earlier today, just received document for student loan interest that I did not anticipate, how and when can I go about amending this/adding it to the return?

[xmasbaby0 · Accepted solution]

You cannot change or add anything on the return that you just e-filed, nor can you stop it.  It is too late, just like when you put an envelope in a US mailbox on the corner.

If you left out a W-2, or a dependent, or a 1099 etc…DO NOT change your return while it is pending.  The changes will go nowhere.

Now you have to wait until the IRS either rejects or accepts your return.  If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.

 If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund.  THEN you can prepare an amended tax return and mail it in. You have to be able to work from that return exactly the way it was when it was e-filed originally.  You will need to use a form called a 1040X. You cannot e-file an amended return.  They have to be mailed, and it takes about 4 months for the IRS to process an amended return.

 Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself.  Sit tight and wait until you see what the IRS does with the return you just e-filed

[DawnC]

You say you filed today.  If your return gets rejected for any reason, add the 1098-E before you resubmit.  But if it gets accepted, you won't be able to do that.  

You may not even have to do anything with it.  That form is for student loan interest that you paid and it may qualify you for a tax deduction.  The best thing to do is to wait until after your return is processed and then start an amended tax return.  If you qualify for the deduction, you can file the amendment.  If you don't, cancel it.  You aren't required to report it.