View Full Version : Student Loan Interest Deduction
kikko
Feb 10, 2006, 10:24 AM
I have 2 student loans, but interest paid on both are under $600 for the year 2005, so I didn't get any 1098E forms. Do I need any evidence to show the interest I'm claiming for adjustment? Such as pay slips which shows the amount of interest paid?
Thanks
AtlantaTaxExpert
Feb 10, 2006, 10:54 AM
Kikko:
If you know the amount of interest you paid and can prove it if audited, claim the interest (assuming your income is low enough to get a benefit from the deduction). Since there is no 1098-E, the IRS may ask for that proof, however, so keep those pay slips you cited.
kikko
Feb 10, 2006, 11:53 AM
Should I attach those slips to the return? Thanks
AtlantaTaxExpert
Feb 10, 2006, 11:01 PM
Attaching a photocopy of the slips is a good idea.
AtlantaTaxExpert
Apr 4, 2011, 01:43 PM
Alvin:
You posted an answer to a posting that is FIVE years old.
LOOK at the dates before answering!