You'll need to sign in or create an account to connect with an expert.
If you are asking why your interest is less this year on your 1098 than it was last year on your 1098, this would be because as you make payments your principal balance decreases. As your principal balance decreases the interest paid on the loan decreases.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
soccerdale18
New Member
Ariadne II
Returning Member
Eclipse2024
Level 1
mqpauling04
New Member
sraeb7
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.