Should I amend my 2024 tax return if I forgot to include my 1098e student loan interest paid?

[cover2girl]

Every year I include my student loan interest paid on my 1098-E form. This year I forgot to add that to my return. Would I get a bit more of a refund if I include my 1098-E loan interest paid?

[Bsch4477]

The deduction reduces your taxable income so you would likely increase your refund. 

[xmasbaby0]

Wait until your original return has been fully processed before you amend, and make sure you have saved a pdf of the original return before you amend. (If you do not save it as a pdf, the amended return will overwrite the original, and the original will be lost forever)

See this TurboTax support FAQ for amending a tax return -

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a... 

Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.  

You can watch for information here:

https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1