Skip to main content
March 26, 2020
Question

I graduated college. Do my student loan payments go under "Expenses and Scholarships?"

  • March 26, 2020
  • 1 reply
  • 0 views
No text available

1 reply

March 26, 2020

No, your student loan interest does not get reported under the educational expenses section. Student loan interest is taken as an adjustment to income.

Here's how to enter your student loan interest. Follow these instructions below whether or not you received a 1098-E from your lender:

  1. Open (continue) your return in TurboTax if you don't already have it open.
  2. Search for 1098-E (upper- or lower-case, with or without the dash).
  3. Select the Jump to link in the search results.
  4. Answer Yes to the question Did you pay any student loans?
    • If you land on the Here's your 1098-E info (or Here's what you paid in student loan interest)screen, you can either edit an existing payment or add a new one.
  5. Follow the onscreen instructions.
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"