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Level 2
Mar 28, 2022 2:27 AM UTC
Question

Student Loan Payments

I believe that there is an error in TurboTax Deluxe regarding student loan payments.  Under "Principal or interest payments on qualified education loans"  it says "Enter any principal or interest you paid on qualified education loans of the designated beneficiary (or a sibling) , not to exceed $10,000 per person.

 

I believe that it should say $10,000 lifetime per person.  It is not $10,000 annually.

    1 reply

    Hal_Al
    Level 15
    Level 15
    Mar 28, 2022 12:18 PM UTC

    Noted and passed along to TT.