Form 1098-E

Form 1098-E

A form published by the IRS that one uses to report tax deductible tuition paid to a qualified educational institution in a year. The form is reported to the IRS and sent to the party paying the tuition. Because tuition may be tax deductible, receiving Form 1098-E and reporting the tuition to the IRS may significantly impact one's tax liability.
References in periodicals archive ?
Refer to the IRS Form 1098-E to determine the amount of student loan interest paid on one or more qualified higher education loans during the year.
While the information returns that may be provided electronically under these regulations are limited to Form W-2,Wage and Tax Statement, Form 1098-E, Student Loan Interest Statement, and Form 1098-T, Tuition Payment Statement, the regulations likely will be extended to other information in the near future.
The notice also announced that Form 1098-E, Student Loan Interest Statement, will be used for purposes of reporting student loan interest received.