Hal_Al
Level 15

Education

The 1098-VLI is  only an informational document. The numbers on it are not required to be entered onto your tax return.

 

However, it means you paid interest on an auto loan and that is deductible as an itemized deduction.  If you normally use the standard deduction, the VLI form is unlikely to help you and may require you to upgrade in TurboTax.