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Entering Form 1098-E in ProSeries

by Intuit•36• Updated 11 months ago

Enter the information from Form 1098-E on the Student Loan Interest Deduction Worksheet in ProSeries:

  1. Press F6 to bring up Open Forms.
  2. Type STU and press Enter.
  3. Enter the information from your client's form(s) 1098-E in Part I.
  4. Amount you enter in Part I, column (e) will flow to Part II, line 1 for the Computation of the Student Loan Interest Deduction.

It is important to note the following:

  • For tax year 2018 and newer, any deduction allowed will be reported on Schedule 1and will be used for calculating the adjusted gross income.
  • For tax year 2017 and prior, any deduction allowed will be reported on Form 1040, Line 33, or Form 1040A, Line 18.
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