topic I received a student loan refund. Do I need to ammend my previous year return since interest paid changed? in After you file

I received a student loan refund. Do I need to ammend my previous year return since interest paid changed?

Jenmeyer091 — Mon, 23 Feb 2026 10:42:26 GMT

Re: I received a student loan refund. Do I need to ammend my previous year return since interest paid changed?

Anonymous_ — Thu, 19 Jan 2023 17:06:38 GMT

Saty tuned. I will page Champ @Hal_Al

Re: I received a student loan refund. Do I need to ammend my previous year return since interest ...

RobertB4444 — Thu, 19 Jan 2023 18:06:23 GMT

No, you should not amend your return.

The easier solution is to report the amount of interest that you received as income in the year that you received it. When a deduction taken in a prior year is returned to you in the current year it is seen as income for that current year.

So you will need to calculate the amount of interest that you received and report it as interest income on schedule B.

Here is some guidance from the IRS on prior year deductions refunded in the current year.

@Jenmeyer091