turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

In 2015, I paid off a student loan. I received a 1098 E of $8102 paid. But I was only allowed to deduct $2500 in 2015. Can I deduct the remaining $5602 this year?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
NewGuy
New Member

In 2015, I paid off a student loan. I received a 1098 E of $8102 paid. But I was only allowed to deduct $2500 in 2015. Can I deduct the remaining $5602 this year?

You can only deduct the interest for the year it was paid.

View solution in original post

1 Reply
NewGuy
New Member

In 2015, I paid off a student loan. I received a 1098 E of $8102 paid. But I was only allowed to deduct $2500 in 2015. Can I deduct the remaining $5602 this year?

You can only deduct the interest for the year it was paid.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question