I received a Student Loan Interest Statement showing how much interest I paid in 2016. It doesn't meet the IRS threshold for reporting, can I still report it?

tammy-staub · ‎May 31, 2019

IsabellaG · ‎May 31, 2019

Yes. The threshold for reporting just means that the agency that received your payments doesn't have to send you a 1098-E if you paid less than $600.

Our instructions say, "If you don't have your 1098-E, we recommend you contact your student loan lender, or you can grab your interest amount from your year-end statement and enter that amount to get a deduction."

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View solution in original post

IsabellaG · ‎May 31, 2019

Yes. The threshold for reporting just means that the agency that received your payments doesn't have to send you a 1098-E if you paid less than $600.

Our instructions say, "If you don't have your 1098-E, we recommend you contact your student loan lender, or you can grab your interest amount from your year-end statement and enter that amount to get a deduction."

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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I received a Student Loan Interest Statement showing how much interest I paid in 2016. It doesn't meet the IRS threshold for reporting, can I still report it?