I have 2 Forms Of 1098E, The 1st form is interest I paid. The 2nd form I consolidated my student loans, its the interest they paid. Do I include this?

 
MinhT1
Expert Alumni

Education

You can only deduct the student loan interest if you actually paid the interest and the loan is in your name or you are the co-signer.

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Hal_Al
Level 15

Education

Q.  The 2nd form I consolidated my student loans, its the interest they paid. Do I include this?

A.  Yes.  You effectively paid that interest because it was added to you loan balance.  The proof is that you got a form 1098-E for it.