topic For the student loan interest credit, do I have to have paid a minimum of $600 to qualify? Or does paying under $600 still qualify? in Education

For the student loan interest credit, do I have to have paid a minimum of $600 to qualify? Or does paying under $600 still qualify?

jtitanich — Wed, 15 Jul 2020 04:18:32 GMT

Re: For the student loan interest credit, do I have to have paid a minimum of $600 to qualify? Or does paying under $600 still qualify?

Bsch4477 — Wed, 15 Jul 2020 04:21:01 GMT

There is no minimum amount requirement.

Re: For the student loan interest credit, do I have to have paid a minimum of $600 to qualify? Or does paying under $600 still qualify?

Hal_Al — Wed, 15 Jul 2020 11:35:32 GMT

Any amount qualifies.

The $600 thing applies to the loan company. They MUST send you a form 1098-E if you paid at least $600. You may claim the deduction even if you don't have a 1098-E. Many loan companies will sent a 1098-E for less.