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 Form 1098 E 2024-2025

1098 E 2024-2025 Form

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Instructions and help about student tax return form

hey there youtube so in this video i wanted to cover the irs form 1098-e this is the student loan interest statement that shows the amount of interest expense a student paid on their student loan payments throughout the year so this form is issued by the student loan uh company the copy goes to the taxpayer and then another copy goes to the irs so they're going to know how much interest you paid during the year so i want to cover this form and how it actually gets reported on your form 1040 right so the form is pretty straightforward this is a 2020 example you have the um the actual student loan company so the lender's information is up here the lender's tax id number and then you as the student are the borrower right so you've got your social security number borrower's name and address and then box one is the amount of student loan interest paid during the year now this isn't it works kind of like a mortgage right the amount of interest you paid might only be a portion right if you're

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