Yes,
you can still claim your student loan interest (1098-E) on your 2016 tax return.
However, your deduction is limited to $2,500 even though the interest actually received by your new lender may be more than $2,500. Note that you cannot carryover any unused portion of student loan interest.
Please see "Table 4-1.Student Loan Interest Deduction at a Glance" and the "Interest on refinanced student loans" section of IRS Publication 970: http://www.irs.gov/publications/p970/ch04.html#en_US_2014_publink1000178269
How to
enter student loan interest paid from Form 1098-E in TurboTax:
- Click on Federal Taxes
- Click on Deductions and
Credits
- Click on I'll choose what I
work on
- Scroll down to Education
- On Student Loan Interest Paid
(Form 1098-E), click the start or update button