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February 8, 2024
Question

Should I remove my student loan from my taxes if my student loan was in deferment?

  • February 8, 2024
  • 1 reply
  • 0 views
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1 reply

Hal_Al
Employee
February 8, 2024

It doesn't matter. The student loan is just used for the student loan interest deduction (adjustment). If you do not get a 1098-E showing you paid interest, there is nothing to enter.  You can still use the free edition of TT, when you have student loans (but not when you are claiming a tuition credit).

 

On the other hand, if you remove it this year, it's easy enough to add it back in future years, you just won't get a reminder from TT.