IRS Releases 2024 Form 1098-E

Robert Beck
March 14, 2024

The IRS recently released its 2024 update to Form 1098-E, the form used to report student loan interest to the IRS. Year to year, this form changes very little generally. This year, the changes follow much the same pattern that most updates for 2024 have seen. For the copies of the Form itself, the only change was the update of the form year from 2023 to 2024 both in the form year box and in the copy descriptor box. The document packet from the IRS now includes an introductory page which details the uses for each copy along with a notice regarding the 10-form electronic filing threshold for 2024. Copy C and the instructions for the Recipient/Lender have been removed from the form packet for this year as well. No other changes were made to the form or the packet for this year.

For detailed information about Form 1098-E and links to both the form and instructions, click here.

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Author

Robert Beck

Robert Beck is a Junior Regulatory Counsel at Sovos Compliance. As part of the Regulatory Analysis team, his main areas of focus are state and federal tax withholding, and the Affordable Care Act (ACA). Robert is a member of the Massachusetts Bar and received his J.D. from New England Law | Boston and his B.A. in Justice from University of Alaska Fairbanks.
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