How do you pay your student loan? Can you get the number from the lender? Do you pay on a website?
My student loans have been in default for 2 years. I have a subsidized and an unsubsidized loan. When contacting Coast, I was told to wait on a repayment plan because one of my schools was no longer accredited... 😕
If you cannot pass the online ID verify option then calling the IRS or going to a service center in person may be your only options.
Look up your service provider, log into your online account, and look for your student loan interest statement. It shows your account number. I was racking my brain for years and finally got it..
You would get that from the lender. Did they send you a 1098E for the interest? How do you pay the loan? Do you pay online or do you mail them a check, etc.? Do you receive statements from them that have the loan number? What are you trying to do that has you looking for the loan number?
@Jared211 Check with the lender. What information do you use when you make your payments? TurboTax will not have your student loan number.
How do you find your student loan account number ? Need it for my taxes
@Dee2535 Check with the lender from whom you have the student loan. Wouldn't it be on the information you use when you make your payments? Look on the loan website.
If you are trying to enter student loan interest you paid you need your 1098E.
STUDENT LOAN INTEREST
Only the person whose name is on the student loan and who is legally obligated to pay the loan can deduct the student loan interest. If you co-signed then you are legally obligated to pay if the primary borrower defaults or does not pay. If you did not sign or co-sign for the loan you cannot deduct the interest.
You cannot deduct student loan interest if you are being claimed as someone else’s dependent, or if you are filing as married filing separately.
The student loan interest deduction can reduce your taxable income by up to $2500
There is a phaseout for the Student loan interest deduction, which means the amount you can deduct gets reduced when your modified adjusted gross income hits certain income levels and is even eliminated at certain income levels -
•If your filing status is single, head of household, or qualifying widow(er), then the phaseout begins at $65,000 until $80,000, after which the deduction is eliminated entirely.
•If your filing status is married filing joint, then the phaseout beings at $130,000 until $160,000, after which the deduction is eliminated entirely.
Enter the interest you paid for your student loan by going to Federal>Deductions and Credits>Education>Student Loan Interest Paid in 2020 (Form 1098E)
Look on your 2020 Schedule 1 line 20 to see your student loan interest deduction
What do you mean go into a service center? Woukd that be a tax place like H&R block or no??
I’m sorry can you be more specific I’ve tried everything and everytime I get a number and enter it it’s not the right account number it’s so frustrating I been trying to figure this out for three months now you can’t get ahold of anyone on the irs number or anythig. It’s so annoying
Wow I didn’t even know we had those lol so I can just Google irs service center in Erie pa and it will tell me im
sorry I’ve been trying to identify my or verify my identity for like three months now nobody ever answers IRS phone number and it’s just really frustrating because they received my amended taxes August 9 and I feel like I’m never gonna get them because they want my identity verified and every time I get an account number it never is the right one so I’m sorry if I sound dumb asking these questions that I have no idea what I’m doing
Find a IRS office