I have student loans which I consolidated in May 2019. I received a 1098-E with an amount in Box 1. I did not pay any amount towards my loans (and won't need to until Aug 2020) due to the repayment plan I selected. Why is there an amount in Box 1 if I did not make any payments?
I have contacted my servicer and they cannot explain this discrepancy and stated that my 1098-E is correct.
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Per the IRS instructions for Form 1098-E, Box 1: it also includes capitalized interest and loan origination fees.
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