Form 1098-E Student Loan Interest Statement

Attention:
Do not download, print, and file Copy A with the IRS.
Copy A appears in red, similar to the official IRS form,
but is for informational purposes only. A penalty of $50 per
information return may be imposed for filing copies of forms
that cannot be scanned.
You may order these forms online at Forms and Publications
By U.S. Mail or by calling 1-800-TAX-FORM
(1-800-829-3676).
See IRS Publications 1141, 1167, 1179, and other IRS
resources for information about printing these tax forms.

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Page 1 of 6 of Form 1098-E (Page 2 is Blank) 2
The type and rule above prints on all proofs including departmental
reproduction proofs. MUST be removed before printing.

Date

Date

Signature

O.K. to print
T:FP:F
O.K. to print
Responsible
scan organization
Revised proofs
requested

INK: Red, J-6983 - Separation for Form 1098-E Page 1
INK: Black - Separation for Form 1098-E Page 1

8484

VOID

CORRECTED

RECIPIENT’S/LENDER’S name, address, and telephone number

OMB No. 1545-1576

2007
Form
RECIPIENT’S federal identification no.

BORROWER’S social security number

1

1098-E

Student loan interest received by lender

$

Street address (including apt. no.)

City, state, and ZIP code

Form

1098-E

2

Check if box 1 includes loan origination fees
and/or capitalized interest

Cat. No. 25088U

Do Not Cut or Separate Forms on This Page

Copy A
For
Internal Revenue
Service Center

BORROWER’S name

Account number (see instructions)

Student
Loan Interest
Statement

—

File with Form 1096.
For Privacy Act
and Paperwork
Reduction Act
Notice, see the
2007 General
Instructions for
Forms 1099, 1098,
5498, and W-2G.

Department of the Treasury - Internal Revenue Service

Do Not Cut or Separate Forms on This Page

Page 3 of 6 of Form 1098-E

2

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

CORRECTED (if checked)
RECIPIENT’S/LENDER’S name, address, and telephone number

OMB No. 1545-1576

2007
Form
RECIPIENT’S federal identification no.

BORROWER’S social security number

1

1098-E

Student loan interest received by lender

$

Street address (including apt. no.)

City, state, and ZIP code

Form

1098-E

2

Copy B
For Borrower

BORROWER’S name

Account number (see instructions)

Student
Loan Interest
Statement

Box 1 includes loan origination fees and/or
capitalized interest (if checked)

(keep for your records)

This is important tax
information and is being
furnished to the Internal
Revenue Service. If you
are required to file a
return, a negligence
penalty or other sanction
may be imposed on you if
the IRS determines that
an underpayment of tax
results because you
overstated a deduction
for student loan interest.

Department of the Treasury - Internal Revenue Service

Page 4 of 6 of Form 1098-E

2

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Instructions for Borrower
A person (including a financial institution, a
governmental unit, and an educational institution)
that receives interest payments of $600 or more
during the year on one or more qualified student
loans must furnish this statement to you.
You may be able to deduct student loan interest
that you actually paid in 2007 on your income tax
return. However, you may not be able to deduct
the full amount of interest reported on this
statement. Do not contact the recipient/lender for
explanations of the requirements for (and how to
figure) any allowable deduction for the interest
paid. Instead, for more information see Pub. 970,
Tax Benefits for Education, and “Student Loan
Interest Deduction Worksheet” in your Form 1040
or 1040A instructions.

Account number. May show an account or other
unique number the lender assigned to distinguish
your account.
Box 1. Shows the interest received by the lender
during the year on one or more student loans
made to you. For loans made on or after
September 1, 2004, box 1 must include loan
origination fees and capitalized interest received
in 2007. If your loan was made before September
1, 2004, you may be able to deduct loan
origination fees and capitalized interest not
reported in box 1.
Box 2. Shows if loan origination fees and/or
capitalized interest are included in box 1.

Page 5 of 6 of Form 1098-E

2

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

VOID

CORRECTED

RECIPIENT’S/LENDER’S name, address, and telephone number

OMB No. 1545-1576

2007
Form
RECIPIENT’S federal identification no.

BORROWER’S social security number

1

1098-E

Student loan interest received by lender

Copy C

$

For Recipient

BORROWER’S name

Street address (including apt. no.)

City, state, and ZIP code

Account number (see instructions)

Form

1098-E

Student
Loan Interest
Statement

2

Check if box 1 includes loan origination fees
and/or capitalized interest

For Privacy Act
and Paperwork
Reduction Act
Notice, see the
2007 General
Instructions for
Forms 1099,
1098, 5498,
and W-2G.

Department of the Treasury - Internal Revenue Service

Page 6 of 6 of Form 1098-E

2

The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.

Instructions for Recipients/Lenders
General and specific form instructions are provided
as separate products. The products you should use
to complete Form 1098-E are the 2007 General
Instructions for Forms 1099, 1098, 5498, and W-2G,
and the 2007 Instructions for Forms 1098-E and
1098-T. A chart in the general instructions gives a
quick guide to which form must be filed to report a
particular payment. To order these instructions and
additional forms, visit the IRS website at www.irs.gov
or call 1-800-TAX-FORM (1-800-829-3676).
Caution: Because paper forms are scanned during
processing, you cannot file Forms 1096, 1098, 1099,
or 5498 that you download and print from the IRS
website.
Due dates. Furnish Copy B of this form to the
borrower by January 31, 2008.

File Copy A of this form with the IRS by February
28, 2008 (March 31, 2008, if filed electronically). To
file electronically, you must have software that
generates a file according to the specifications in
Pub. 1220, Specifications for Filing Forms 1098,
1099, 5498, and W-2G Electronically or Magnetically.
IRS does not provide a fill-in form option.
Need help? If you have questions about reporting on
Form 1098-E, call the information reporting customer
service site toll free at 1-866-455-7438 or
304-263-8700 (not toll free). For TTY/TDD equipment,
call 304-267-3367 (not toll free). The hours of
operation are Monday through Friday from 8:30 a.m.
to 4:30 p.m., Eastern time. The service site can also
be reached by email at [email protected].

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