Bulletin ID
DLB - 98 - 43
| PublicationDate: 11/1/98 BulletinID: DLB - 98 - 43 November 1998 DLB 98-43 Subject: Student Loan Interest Deductions for Direct Loan Borrowers -- IRS Form 1098-E Dear Colleague: Attached are copies of information sheets that will be mailed to Direct Loan borrowers concerning the new IRS form 1098-E. We hope that advance copies of the documents will better prepare you for questions. The page entitled "Form 1098-E Is Coming!" will be mailed with bills beginning November 28, 1998, through December 19, 1998. The page entitled "General Information About Your 1098-E from the William D. Ford Direct Loan Program" will be mailed to borrowers who will receive IRS form 1098-E. Note that the page entitled "Additional Information" will be on the back of the information sheets when mailed to borrowers, not separate. The mailing of the second general information sheet and the IRS 1098-E form will begin in late January 1999. Borrowers who may have deductible interest will receive the information and the IRS form no later than the first few weeks in February. Additionally, a menu item will be added to provide information regarding Student Loan Interest Deduction to borrowers when they call our Direct Loan Borrower Services number at 1-800-848-0979. Again, we hope that advance copies of these pages will assist you in answering borrowersÂ’ questions. Thank you for your ongoing support. Sincerely, Joe L. McCormick Chair Direct Loan Task Force Enclosure A Enclosure B |