Question

Match each tax form to its purpose.

Form 1098-E
Form 1098-T
Form 1099-DIV
Form 1099-INT
shows interest income
shows income from dividends
shows interest paid on a student loan
shows tuition payments

Answer 1

Form 1098-E ⇒ shows interest paid on a student loan

This form is used by taxpayers to deduct student loan interests.

Form 1098-T ⇒ shows tuition payments

This form is used by taxpayers to claim education credits.

Form 1099-DIV ⇒ shows income from dividends

This form is used by taxpayers to report dividends.

Form 1099-INT ⇒ shows interest income

This form is used by taxpayers to report interest income.