Start For Free

Fast, Secure, and Always Accurate!
Help Categories

What is a 1098-E?

A Form 1098-E reports the student loan interest you have paid throughout the tax year. To see an example of this form please click the link provided below. 1098-E Example

Adjustment from disposition of partnership interest or S corporation shares

Coming soon!

Wisconsin Addition or Subtraction From Income - Differences in Federal and Wisconsin Basis of Partnership Interest

An addition or subtraction may be necessary if you sold your interest in a partnership and any increases or decreases were made to the federal basis of your partnership interest in taxable years prior to 1975, which resulted from

Please explain deductions and credits that are available related to Education.

are that you are paying interest. If so, you can generally use this interest as an additional deduction on your return. You can claim the interest deduction if all of the following apply: * You paid interest on qualified student loan in tax year

What are "qualifying education expenses"?

For purposes of the student loan interest deduction , these expenses are the total costs of attending an eligible educational institution, including graduate school. They include amounts paid for the following items. * Tuition and fees

Please explain all of the credits and deductions that are available related to retirement and investment.

that is held for investment. If you paid this type of interest, you may be eligible for a deduction. Examples of this type of interest include: * Interest that you paid on securities in a margin account * Interest you paid on a loan that you

Delaware Additions to Income

the Mutual Fund reports that amount to you.) Examples of INTEREST THAT IS NOT EXEMPT: Federal National Mortgage Association (Fannie Maes); Federal Home Loan Mortgage Corp.; Government National Mortgage Association (Ginnie Maes

Tax Benefits for Education

gross income limits are higher than the thresholds for the American Opportunity Tax and Lifetime Learning Credits. Are you paying Student Loan interest ? You may be able to deduct up to $2,500 from your income per tax return. Student Loan

What do I do with this tax form I received?

Mortgage Interest Form W-2 Wages and Earnings 1099-C Cancellation of Debt 1098-E Student Loan Interest Statement Form W-2G Gambling Winnings/Losses 1099-DIV Dividends and Distributions 1098-T Tuition and Fees Schedule K-1 (Form 1041

Enter Federally Exempt Dividend Income from US obligations taxable to Virginia

of several states, including Virginia. The interest on the bonds issued by the other states is taxable for Virginia purposes, even though exempt for federal purposes. Unless the taxpayer is able to substantiate the amount attributable