Form 1098-E - Student Loan Interest Statement

Form 1098-E - Student Loan Interest Statement - 2013 Page 4

Instructions for Borrower

Box 1. Shows the interest received by the lender during

A person (including a financial institution, a governmental

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

unit, and an educational institution) that receives interest

loans made on or after September 1, 2004, box 1 must

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

include loan origination fees and capitalized interest

qualified student loans must furnish this statement to you.

received in 2013. If your loan was made before September

You may be able to deduct student loan interest that you

1, 2004, you may be able to deduct loan origination fees

actually paid in 2013 on your income tax return. However,

and capitalized interest not reported in box 1.

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

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

reported on this statement. Do not contact the recipient/

or capitalized interest are not included in box 1 for loans

lender for explanations of the requirements for (and how to

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

figure) any allowable deduction for the interest paid.

figure any deductible loan origination fees or capitalized

Instead, for more information, see Pub. 970, Tax Benefits

interest.

for Education, and the Student Loan Interest Deduction

Worksheet in your Form 1040 or 1040A instructions.

Future developments. For the latest information about

developments related to Form 1098-E and its instructions,

Account number. May show an account or other unique

such as legislation enacted after they were published, go

number the lender assigned to distinguish your account.

Form 1098-E - Student Loan Interest Statement - 2013 Page 4