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Level 3
March 10, 2021
Solved

What is the relevance of the field "Prior year student loan interest" on the Student Loan Interest Worksheet?

  • March 10, 2021
  • 2 replies
  • 18 views

This year there is a new field on the Student Loan Interest Worksheet entitled "Prior year student loan interest".  I can't figure out what should go here and why.  Help doesn't really address it.  These kinds of things are usually there for a reason, so I'm reluctant to ignore it.

Can anyone add insight?

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Best answer by dascpa

It has no tax relevance and not entering the info changes nothing.  If it carries over, great.  If not, ignore.

2 replies

BobKamman
Level 15
March 10, 2021

I thought it's been there for years.  Intuit  once had a programmer who thought information like that might be helpful, like the "two-year comparison" feature.  I think she made a fortune on Bitcoin and retired to New Zealand.  

dascpa
dascpaAnswer
Level 11
March 10, 2021

It has no tax relevance and not entering the info changes nothing.  If it carries over, great.  If not, ignore.