My employer made payments toward my student loan debt for the entire 2018 calendar year via a third-party servicer. Each monthly payment was enough to cover the interest in full, and some of the principal too. So grateful for such an amazing employee benefit!
My concern pertains to the interest listed on the 1098-E. Can/should I claim all of that interest paid so as to lower my taxable income for the year given that I wasn’t the one actually making those payments? Do said payments still count as being made by me even though they were technically made by my employer on my behalf?
Not sure if this additional info will be beneficial or not but I believe my employer has always added the student loan payment amount to one of my two biweekly paychecks/statements each month, then subtracted it back out the next pay period when the actual payment has been made.
In the end I just want to make sure I’m not claiming interest paid by some one/thing (i.e. a business entity) other than myself.
