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1098-E

Form 1098-E is used to report student loan interest received in the course of your trade or business.

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We've made it easy to use to file your 1098-E forms through Yearli. Simply create a Yearli account, enter or import your data, review, update and validate your data, then checkout. It's that easy. We'll file your forms to the IRS, applicable state agency and send copies to your recipients.

1098-E Filing Deadline

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What is Form 1098-E?
Form 1098-E is used to report student loan interest received in the course of your trade or business.

Why do I file Form 1098-E?
The IRS requires that all income and deductible expenses are reported by businesses and individuals or penalties could apply.

Who needs to file Form 1098-E?
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.

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. For example, a loan service or collection agent receiving payments on behalf of the lender must file. See the official IRS instructions.

What to report
Student loan interest received in the course of your trade or business.

Amount to report
$600 or more

Supported 1098 Forms

We've made it easy to use to file your 1098 forms through Yearli. Simply create a Yearli account, enter or import your data, review, update and validate your data, then checkout. It's that easy. We'll file your forms to the IRS, applicable state agency and send copies to your recipients.

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