The 1098-E form is what you receive for tax season if you paid more than $600 in student loan interest last year. Receiving a 1098-E form may allow you to deduct student loan interest on your federal ...

If you paid interest on your student loan debt in 2024, you may be able to deduct up to $2,500 from your taxable income.

Here is what you should know about 1098 forms and where to find them. The 1098-E form is a student loan interest statement. It states how much interest you paid on student loans in a year.

People preparing to file taxes for the 2024 tax year may be eligible to claim a student loan tax deduction for interest payments.

Your loan servicer issues a 1098-E statement which reports the amount of loan interest paid on a student loan during the year for borrowers in repayment. Some borrowers may be eligible to use this ...

Making student loan payments every month is a grind familiar to many, but that diligence can pay off for you on your tax ...

Student loan forgiveness has been in the forefront, but the potential elimination of the student loan interest deduction ...

And if you paid $3,000 in interest, you won’t be able to deduct more than $2,500. You should receive Form 1098-E from your lender if you paid $600 or more in student loan interest last year.

When you have a student loan, the interest you pay on it is reported to you on Form 1098-E if you paid at least $600 in interest during the tax year. (But remember, you probably didn’t pay ...

Get all the news you need in your inbox each morning. The 1098-E form is a student loan interest statement. It states how much interest you paid on student loans within a year, and you may find ...

If you paid at least $600 in student loan interest in 2024, your loan servicer should send you a 1098-E form for you to report to the IRS. If you paid less than that, contact your servicer to ...