IRS 1098-E 2021 free printable template

Attention: Copy A of this form is provided for informational purposes only. Copy A appears in red, similar to the official IRS form. The official printed version of Copy A of this IRS form is scalable,

How to fill out IRS 1098-E

How to fill out IRS 1098-E

1. Obtain IRS Form 1098-E from your loan servicer or download it from the IRS website.
2. Fill in your personal information, such as your name, address, and Social Security number at the top of the form.
3. Enter the lender's information, including their name, address, and EIN (Employer Identification Number).
4. Report the total amount of interest paid on the student loan during the year in Box 1.
5. If applicable, report any adjustments made to the interest amount in Box 2.
6. Sign and date the form, if required, and make copies for your records.
7. Submit the completed form with your federal tax return, if you're claiming the student loan interest deduction.

Who needs IRS 1098-E?

1. Borrowers who paid interest on qualified student loans during the tax year.
2. Individuals who are eligible to claim a student loan interest deduction on their tax return.

Instructions and Help about IRS 1098-E

Hey there YouTube so in this video I wanted to cover the IRS form 1098-e this is the student loan interest statement that shows the amount of interest expense a student paid on their student loan payments throughout the year, so this form is issued by the student loan uh company the copy goes to the taxpayer and then another copy goes to the IRS, so they're going to know how much interest you paid during the year, so I want to cover this form and how it actually gets reported on your form 1040 right, so the form is pretty straightforward this is a 2020 example you have the um the actual student loan company so the lender's information is up here the lender's tax ID number and then you as the student are the borrower right, so you've got your social security number borrower's name and address and then box one is the amount of student loan interest paid during the year now this isn't it works kind of like a mortgage right the amount of interest you paid might only be a portion right if you're making principal payments as well you're going to have principal obviously...

People Also Ask about

How do I contact the Internal Revenue?

Contact an IRS customer service representative to correct any agency errors by calling 800-829-1040 (see telephone assistance for hours of operation).

When can I expect my refund 2022?

Overall, the IRS anticipates most taxpayers will receive their refund within 21 days of when they file electronically if they choose direct deposit and there are no issues with their tax return.

How do you know if you owe taxes or get a refund?

Whether you owe taxes or you're expecting a refund, you can find out your tax return's status by: Using the IRS Where's My Refund tool. Viewing your IRS account information. Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.)

What determines if you owe taxes or get a refund?

In a nutshell, over-withholding means you'll get a refund at tax time. Under-withholding means you'll owe. Many people try to get as close as possible to even so they get more money in their paychecks during the year, but don't owe a lot or get a bigger refund at tax time.

How do you know if the IRS owes you?

If you were expecting a federal tax refund and did not receive it, check the IRS' Where's My Refund page. You'll need to enter your Social Security number, filing status, and the exact whole dollar amount of your refund. You may be prompted to change your address online.

What is the federal income tax rate 2022?

When it comes to federal income tax rates and brackets, the tax rates themselves aren't changing from 2022 to 2023. The same seven tax rates in effect for the 2022 tax year – 10%, 12%, 22%, 24%, 32%, 35% and 37% – still apply for 2023.

For pdfFiller’s FAQs

Where do I find IRS 1098-E?

The premium subscription for pdfFiller provides you with access to an extensive library of fillable forms (over 25M fillable templates) that you can download, fill out, print, and sign. You won’t have any trouble finding state-specific IRS 1098-E and other forms in the library. Find the template you need and customize it using advanced editing functionalities.

How do I fill out the IRS 1098-E form on my smartphone?

Use the pdfFiller mobile app to fill out and sign IRS 1098-E on your phone or tablet. Visit our website to learn more about our mobile apps, how they work, and how to get started.

How do I complete IRS 1098-E on an iOS device?

Get and install the pdfFiller application for iOS. Next, open the app and log in or create an account to get access to all of the solution’s editing features. To open your IRS 1098-E, upload it from your device or cloud storage, or enter the document URL. After you complete all of the required fields within the document and eSign it (if that is needed), you can save it or share it with others.

What is IRS 1098-E?

IRS 1098-E is a tax form that student loan lenders use to report the amount of interest paid on student loans during the tax year.

Who is required to file IRS 1098-E?

Any lender that received $600 or more in interest on qualified student loans from a borrower during the tax year is required to file IRS 1098-E.

How to fill out IRS 1098-E?

To fill out IRS 1098-E, the lender must provide the borrower's name, address, Social Security number, and the amount of interest paid, along with the lender's information.

What is the purpose of IRS 1098-E?

The purpose of IRS 1098-E is to help borrowers report their student loan interest payments when filing their income tax returns, potentially qualifying them for tax deductions.

What information must be reported on IRS 1098-E?

The information that must be reported on IRS 1098-E includes the borrower’s name, address, taxpayer identification number, the lender's information, and the total interest paid on qualified student loans.