As the end of the year is almost upon us, there is some tax document info I’d like to share. Firstly, if you paid interest on a student loan, you will get a Form 1098-E to deduct the interest on your taxes. If you are like me and this year your federal loan was sold to Mohela, you will be getting two 1098-E forms: one from Mohela, and one from the federal government.
Meanwhile, as a graduate student, I will receive a 1098-T reflecting the tuition I have paid this year. As a graduate student, I am not eligible for the Hope Education Credit; however, I think I may be eligible for the Lifetime Learning Credit.
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