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Student Loan Interest to Deduction Mismatch
Hey there!
Not like this will change my final tax calculations, but I noticed that when I enter my 1098E interest paid into my TurboTax software it shows correctly. Then, however, the final calculated deduction I receive is $8 lower than my entered interest (for example, if I paid $300 in interest, the software shows this as $300 in interest throughout the deductions section, but then lists my student loan interest deduction as $292 in the summary calculation). Again, it's a small discrepancy and isn't going to change my taxes, but this has never happened before, I looked back to confirm and it's always matched 1:1 and I'm wondering if I'm missing something here.
Has something changed in the student loan interest deduction that I cannot find in my Google searching? Is this just a me thing or are others noticing this too?
Thanks in advance one and all for indulging my curiosity and OCD.