How can I enter the 1098E - I have in my name for a parental student loan I took out for our daughter? She is no longer a dep. Turbo tax wants me to select a student.
How can I enter the 1098E - I have in my name for a parental student loan I took out for our daughter? She is no longer a dep. Turbo tax wants me to select a student.
IRS Form 1098-E is used to report interest paid on student loan. Borrowers will receive the form and report it as adjustment to income You can deduct up to $2,500 worth of student loan interest from your taxable income as long as you meet certain conditions: To enter the interest in Turbo Tax.
In Turbo Tax Home Screen, choose Tax Tools.
At the drop down menu, select Tools.
Under Tool Center, type in the search bar "1098-E", click go.