question archive Which of the following statements is true regarding Form 1098-E which reports Student Loan Interest paid? Select one: a
Which of the following statements is true regarding Form 1098-E which reports Student Loan Interest paid? Select one: a
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Which of the following statements is true regarding Form 1098-E which reports Student Loan Interest paid? Select one: a. A taxpayer who has paid $10.00 or more in interest from qualified student loans during the tax year, can expectto received a form 1098-E from the financial, governmental or educational institution that the interest payments were made to. b. You may be able to deduct student loan interest that you actually paid during the tax year on your income tax return. However, you may not be able to deduct the full amount of interest reported on form 1098-E for the year. c. You must contact the recipient/lender for explanations of the requirements for (and how to figure) any allowable deduction for the interest paid on a qualified student loan(s). d. All of the statements above are true. 02 January 2020 03:07LaneLane Tax Professional PLease stop asking these question in the tax area. The tax area if for real customers with real tax issues....Ask these in the homework area02 January 2020 03:08LaneLane Tax Professional I have asked the moderators to move this to the business and finance homework area
