Form 1098-E - Student Loan Interest Statement

Form 1098-E - Student Loan Interest Statement - 2012 Page 4

Instructions for Borrower

Account number. May show an account or other unique

A person (including a financial institution, a governmental

number the lender assigned to distinguish your account.

unit, and an educational institution) that receives interest

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

Box 1. Shows the interest received by the lender during

qualified student loans must furnish this statement to you.

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

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

You may be able to deduct student loan interest that you

include loan origination fees and capitalized interest

actually paid in 2012 on your income tax return. However,

received in 2012. If your loan was made before September

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

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

reported on this statement. Do not contact the recipient/

and capitalized interest not reported in box 1.

lender for explanations of the requirements for (and how to

figure) any allowable deduction for the interest paid.

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

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

or capitalized interest are not included in box 1 for loans

for Education, and the Student Loan Interest Deduction

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

Worksheet in your Form 1040 or 1040A instructions.

figure any deductible loan origination fees or capitalized

interest.

Borrower's identification number. For your protection,

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

security number (SSN), individual taxpayer identification

number (ITIN), or adoption taxpayer identification number

(ATIN). However, the issuer has reported your complete

identification number to the IRS and, where applicable, to

state and/or local governments.

Form 1098-E - Student Loan Interest Statement - 2012 Page 4