Form 1098-E, Student Loan Interest Statement, is used to report
student loan interest received in the course of trade or business
by a financial institution, governmental unit (or any of its subsidiary agencies),educational institution, or any other person.
When would you need to file a Form 1098-E?
1. File Form 1098-E if you are a financial institution, governmental unit (or any of its subsidiary agencies), educational institution, or any other person who receives student loan interest of $600 or more from an individual during the year in the course of your trade or business.
2. You may file a separate Form 1098-E for each student loan of the borrower, or you may file one Form 1098-E for the interest from all student loans of the borrower.
3. If more than one person has a connection with the loan, only the first person to receive the interest payment must file Form 1098-E.
With Tax1099.com, you can schedule the date that your forms are transmitted to the IRS. Scheduling your forms gives you time between when we email/USPS your forms to vendors and when we send the forms to the IRS. This is useful because your vendors may have edits to make. You can make those changes in Tax1099 before the scheduled date at no extra charge. We automatically schedule your IRS eFile transmission a week away from when you submit, or by the deadline. You can edit this date to match your preference.
Recipient Copy: (Only for FMV & RMD) by
Jan 31, 2023
March 31, 2023
IRS Paper filing
Feb 28, 2023
1098-E eFile Info
Electronically-filed 1098-E forms are directly transmitted to the IRS from Tax1099.
You will receive IRS acknowledgement of your eFile by email within 3 - 7 business days.