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Deduct Student Loans After Graduating
My daughter recently graduated and each year she received a 1098-E and 1098-T. Being she graduated, she will no longer be receiving a 1098-T.
Her Federal loans are coming due so she will need to start paying on those too. Current payments are to Sallie Mae.
Now that she graduated college (no longer in school), will she still receive a 1098-E and can she deduct that on her taxes?
Next year, will she also receive a 1098-E from the Federal loans and will she be able to deduct that amount?
If yes to above, is there a time frame where the loans cannot be deducted?
Thank you.
Shawn
Topics:
May 13, 2024
11:20 AM