Form 1098-E - Student Loan Interest Statement

Instructions for Borrower

Account number. May show an account or other unique

A person (including a financial institution, a governmental unit,

number the lender assigned to distinguish your account.

and an educational institution) that receives interest payments

of $600 or more during the year on one or more qualified

Box 1. Shows the interest received by the lender during the

student loans must furnish this statement to you.

year on one or more student loans made to you. For loans

made on or after September 1, 2004, box 1 must include loan

You may be able to deduct student loan interest that you

origination fees and capitalized interest received in 2015. If

actually paid in 2015 on your income tax return. However, you

your loan was made before September 1, 2004, you may be

may not be able to deduct the full amount of interest reported

able to deduct loan origination fees and capitalized interest

on this statement. Do not contact the recipient/lender for

not reported in box 1.

explanations of the requirements for (and how to figure) any

allowable deduction for the interest paid. Instead, for more

Box 2. If checked, indicates that loan origination fees and/or

information, see Pub. 970, Tax Benefits for Education, and the

capitalized interest are not included in box 1 for loans made

Student Loan Interest Deduction Worksheet in your Form

before September 1, 2004. See Pub. 970 for how to figure any

1040 or 1040A instructions.

deductible loan origination fees or capitalized interest.

Borrower's identification number. For your protection, this

Future developments. For the latest information about

form may show only the last four digits of your social security

developments related to Form 1098-E and its instructions,

number (SSN), individual taxpayer identification number (ITIN),

such as legislation enacted after they were published, go to

adoption taxpayer identification number (ATIN), or employer

identification number (EIN). However, the issuer has reported

your complete identification number to the IRS.

Form 1098-E - Student Loan Interest Statement - 2015 Page 4