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Tax question - Form 1098-E Interest Question
Posted on 1/17/16 at 12:25 pm
Posted on 1/17/16 at 12:25 pm
I added up the student load interest I paid last year and it is $1173.31, but for some reason my 1098-E is saying student load interest received by lender is only $64.65. What should I do about this? Just deduct the 1173.31 of interest I actually paid, or call the company about it?
Posted on 1/17/16 at 1:28 pm to tenderfoot tigah
That is a pretty big difference, you need to call the lender and straighten it out
How dis you come up with an interest payment of 1173?, did you break down each pay,eat into interest and principal?
Did you consolidate your loans at some point and might receive another 1098?
How dis you come up with an interest payment of 1173?, did you break down each pay,eat into interest and principal?
Did you consolidate your loans at some point and might receive another 1098?
Posted on 1/17/16 at 2:01 pm to Tigerpaw123
Each month there is a breakdown of how much went to interest and how much went to principle. I never consolidated. Thanks for the help.
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