Non-1098 Student Loan

airmaloney · ‎February 20, 2020

I've been making payments to the student loan I have through Sallie Mae, and it is a kind of loan not eligible for any kind of tax form. I've asked for a couple years now and the only thing they can give me is a simple statement of the interest I've paid for the year. Can I still take those interest payments off my taxes despite it not qualifying for any standard documentation? I'm certainly hoping so, it eats up about 2/3 of my income.

AmyC · ‎February 20, 2020

Yes, if you can prove it came from student loans, you can deduct the interest. This link may help, Get tax information and forms - Sallie Mae. It says:

How do I get my 1098 from Sallie Mae?

Create or log in to your account at SallieMae.com. Go to your Profile (by selecting "Settings," and then "Account Settings" in the upper right-hand corner). Click the “Communication preferences” button. For tax statements, choose "Yes" under "1098-E Consent."

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View solution in original post

AmyC · ‎February 20, 2020

Yes, if you can prove it came from student loans, you can deduct the interest. This link may help, Get tax information and forms - Sallie Mae. It says:

How do I get my 1098 from Sallie Mae?

Create or log in to your account at SallieMae.com. Go to your Profile (by selecting "Settings," and then "Account Settings" in the upper right-hand corner). Click the “Communication preferences” button. For tax statements, choose "Yes" under "1098-E Consent."

**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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Non-1098 Student Loan