Step-by-Step Guide
Use the + icon to add the 1040 Wkt 2 to the return.
Enter the student loan interest amount from the 1098-E here. If multiple 1098-Es were received, add them together and enter the total, up to the $2,500 limit.
By entering Form 1098-E in TaxWise, you can help the taxpayer claim their student loan interest deduction, reducing their taxable income and potentially lowering their overall tax liability. 🚀
You can view the video tutorial here:
Entering Student Loan Interest in TaxWise (1098-E & 1040 Wkt 2