3002039
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

Why is "box 1" on my 1098-E Student Loan Interest Statement labeled differently from what TurboTax asks?

TurboTax says box 1 is "interest paid", but the 1098-E I received says box 1 is "student loan interest received by lender".
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 Reply
Vanessa A
Expert Alumni

Why is "box 1" on my 1098-E Student Loan Interest Statement labeled differently from what TurboTax asks?

The interest received by the lender is the amount that you as the student (or former student) paid to the lender.  So it is all the same thing. You paid it, the lender received it. 

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

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