How do I get my 1098-E form online?
Even if you didn’t receive a 1098-E from your servicer, you can download your 1098-E from your loan servicer’s website. If you are unsure who your loan servicer is, log in to StudentAid.gov or call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243; TTY 1-800-730-8913).
Where can I get a copy of my 1098 form?
Call your lender’s customer service line for a replacement 1098 form. Some lenders charge fees for replacing lost forms. If you never received your 1098, the lender may issue you one for free. Verify the lender has your correct mailing address if you are not living in the home.
Do I have to put my 1098-E on my tax return?
If you are eligible for the Earned Income Credit (EIC), you do have to include the 1098-E in your tax return. If you are not eligible for the EIC, you do not have to include the 1098-E if you don’t want to, but you should include it because it might save you some money. Including it will not do any harm.
Is Great Lakes a Nelnet loan?
Along with its parent company Nelnet, Great Lakes is one of the largest federal loan servicers, managing over 40% of the outstanding debt held by student loan borrowers.
How do I add 1098-E to TurboTax?
Where do i enter my 1098-E?
- Click on Federal Taxes (Personal using Home and Business)
- Click on Deductions and Credits.
- Click on I’ll choose what I work on (if shown)
- Scroll down to Education.
- On Student Loan Interest Paid (Form 1098-E), click the start or update button.
Who claims 1098-E parent or student?
1098-E. You may claim the student loan interest deduction ONLY if you are a co-signer on the loan or the loan is in your name, and the student was your dependent at the time the loan money was used to pay tuition.
Will I get in trouble for not filing 1098-E?
No, you will not get in trouble with the IRS if you forgot to claim your student loan interest on form 1098-E. But you will lose the opportunity of an income deduction of up to $2,500.
How does a 1098-e affect my taxes?
You use the 1098-E to figure your student loan interest deduction. You can deduct up to $2,500 worth of student loan interest from your taxable income as long as you meet certain conditions: The interest was your legal obligation to pay, not someone else’s. Your filing status is not married filing separately.
Do you need IRS Form 1098 for EdFinancial?
The actual IRS Form 1098-E is not required. What is Edfinancial’s tax ID (EIN) number? Edfinancial utilizes more than one tax ID (EIN) number based on the owner of your loan (s). After tax information becomes available, you may view the tax ID number that applies to your specific loan (s) by reviewing your 1098-E tax form.
Where can I get copy of my 1098-E tax form?
You can view and print a copy of your 1098-E tax form by accessing the “Documents” section of Manage My Account. Can I deduct the student loan interest I paid on my tax return?
Where can I find 1098-E student loan information?
Your servicer has 1098-E information on the home page of its website. Look there for quick answers to your questions. If you are unsure who your loan servicer is, visit www.nslds.ed.gov or call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243; TTY 1-800-730-8913).
How to get tax information from EdFinancial Services?
After logging into MMA, select “Documents” in the top navigation and then select “Tax Info” to view or print a copy of your IRS Form 1098-E. I made payments on a student loan that is not in my name. Can I claim the interest I paid on my taxes? Edfinancial’s customer service representatives cannot provide tax advice.