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Level 1
June 1, 2019
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Help with school loan question please!

If I paid money towards my student loan today, can I put this on my tax return? Or would it had to have been paid last year?
KrisD15
KrisD15Answer
Alumni - Intuit
June 1, 2019

The interest you pay on Student Loans may be deductible.

You can only deduct what you paid in 2016.

A Taxpayer receives in January a 1098-E stating what can report as interest paid for the previous tax year.

https://ttlc.intuit.com/replies/3302319


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1 reply

KrisD15
KrisD15Answer
Alumni - Intuit
June 1, 2019

The interest you pay on Student Loans may be deductible.

You can only deduct what you paid in 2016.

A Taxpayer receives in January a 1098-E stating what can report as interest paid for the previous tax year.

https://ttlc.intuit.com/replies/3302319


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