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New Member
posted Feb 10, 2021 10:40:15 AM

I do not have a 1098-E since I paid less then $600. It keeps asking me to put my information in. What can I do?

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1 Replies
Expert Alumni
Feb 10, 2021 11:57:46 AM

If you have student loan but didn't receive Form 1098-E, enter it as if you received the 1098-E form. All you need to enter is the name of the lender and the amount of interest paid. 

 

You can claim the interest you paid during the year on a qualified student loan used to pay for tuition, fees, room and board, books and supplies for yourself, your spouse, or your dependent is deductible. This includes both required and voluntarily pre-paid interest payments.

 

  • Student loan interest is reported on Form 1098-E. If you paid interest of $600 or more on a qualified student loan during the year, you'll receive this form from your lender.
  • Here's how to enter your student loan interest in TurboTax. We'll ask you questions to make sure you qualify and also calculate how much of a deduction you’re entitled to.
  • You claim this deduction as an adjustment to income, so you don't need to itemize your deductions.