The Learning Center | DiMercurio Advisors

What is IRS Form 1098-E?

Written by John Kirkland | Jan 01, 2018

Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive tax form library, showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.

General Information

  • What is the form number?  Form 1098-E
  • What government agency is it filed with?  The Internal Revenue Service (IRS)
  • What is the form name?  Student Loan Interest Statement
  • What is this form about?  Form 1098-E is a document provided by lenders to individuals to report the amount of interest paid on student loans during a given year. This information assists borrowers in determining their eligibility to deduct a portion of the interest paid on their student loans when preparing their tax returns. By using the details from this form, individuals can ensure they are accurately claiming benefits related to educational loan interest.

What does it look like?

Resources

Looking for more information about this form?  Here are some helpful resources:

How can we help you today?

Looking for more information about this or other tax forms?  The tax team at DiMercurio Advisors are tax compliance experts.  We are passionate about ensuring you are well-informed and in control of your tax situation.