My income was very low & I’m getting a refund of all Fed and St taxes paid. After filing, I received a 1098E for student loan interest paid. Should I Amend my return?

anthony123184 · ‎June 4, 2019

MinhT · ‎June 4, 2019

If you are getting a refund of all federal and state tax withheld, this means that you have no taxable income after deductions and exemptions.

In this case, claiming the student loan interest deduction would not change anything as the deduction cannot reduce your taxable income to below 0. There is no need to amend your tax return.

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View solution in original post

MinhT · ‎June 4, 2019

If you are getting a refund of all federal and state tax withheld, this means that you have no taxable income after deductions and exemptions.

In this case, claiming the student loan interest deduction would not change anything as the deduction cannot reduce your taxable income to below 0. There is no need to amend your tax return.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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My income was very low & I’m getting a refund of all Fed and St taxes paid. After filing, I received a 1098E for student loan interest paid. Should I Amend my return?