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Is the interest paid Sallie Mae Bar Study Loans deductible?
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June 1, 2019
10:52 AM
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Education
Yes, it is. Sallie Mae should send you a Form 1098-E at the end of the year that shows the interest you paid.
June 1, 2019
10:52 AM
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Thank you. However, when I contacted Sallie Mae they informed me they do not generate a 1098-E for these type of loans. Rather they are sending a letter acknowledging the interest paid in 2018. How should I report that on my taxes?
June 1, 2019
10:52 AM
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You can still claim without the 1098-E. In the program, at the right upper corner, in the search box,type in "student loan interest" then Enter, Select Jump to student loan interest, follow prompts to enter info.
June 1, 2019
10:52 AM