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I had a student loan consolidation and received a 1098-E. Since I did not actually pay this interest, do I still report it?
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June 4, 2019
4:07 PM
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June 04, 2019
4:07 PM
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I had a student loan consolidation and received a 1098-E. Since I did not actually pay this interest, do I still report it?
Yes, you can report the student loan interest on a consolidated loan. When you consolidated - you paid off the accrued interest on the loans, and this portion is deductible. The maximum deduction is up to $2500.
June 4, 2019
4:07 PM
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I had a student loan consolidation and received a 1098-E. Since I did not actually pay this interest, do I still report it?
Yes, you can report the student loan interest on a consolidated loan. When you consolidated - you paid off the accrued interest on the loans, and this portion is deductible. The maximum deduction is up to $2500.
June 4, 2019
4:07 PM
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I had a student loan consolidation and received a 1098-E. Since I did not actually pay this interest, do I still report it?
Thank you, I have been on hold for over 50 minutes with Turbotax waiting for that simple answer of yes or no. Thank you for your prompt response!
June 4, 2019
4:07 PM
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