I have a question about my 1098-E statement. Box 1 contains an amount far exceeding the actual student interest I paid in 2017. What do I do? Enter this amount?

I re-consolidated this parent loan late in 2017 and I believe the 1098-E is including any accrued interest in box 1...as well as interest I actually paid in 2017.

What amount do I enter in my return?

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I have a question about my 1098-E statement. Box 1 contains an amount far exceeding the actual student interest I paid in 2017. What do I do? Enter this amount?

Yes, you can enter this amount. When you consolidated you paid off the accrued interest on the loans, via consolidation, and this portion is deductible.

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I have a question about my 1098-E statement. Box 1 contains an amount far exceeding the actual student interest I paid in 2017. What do I do? Enter this amount?

Yes, you can enter this amount. When you consolidated you paid off the accrued interest on the loans, via consolidation, and this portion is deductible.

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