turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Do i have to report my 1089e if the interest i paid was less than $600? To be more specific, it was around $200.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
rjs
Level 15
Level 15

Do i have to report my 1089e if the interest i paid was less than $600? To be more specific, it was around $200.

You do not have to report the student loan interest on your 1098-T if you don't want to. You just won't get the deduction for it.

 

If you want to omit the interest because you don't want to pay for a TurboTax upgrade, see if you qualify to use IRS Free File Program delivered by TurboTax. It will let you claim the student loan interest deduction without having to pay for TurboTax. It's at the following link, and the qualifications are listed there.


IRS Free File Program delivered by TurboTax

 

rjs
Level 15
Level 15

Do i have to report my 1089e if the interest i paid was less than $600? To be more specific, it was around $200.

Sorry, I omitted the following from my original post of the answer above. I have added it.

 

You do not have to report the student loan interest on your 1098-T if you don't want to. You just won't get the deduction for it.

 

SusanY1
Expert Alumni

Do i have to report my 1089e if the interest i paid was less than $600? To be more specific, it was around $200.

You don't have to report it at all, but it can only help you to do so.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question