1098-E Software

Student Loan Interest Statement

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Click Here to Download the E-File Magic 1098-E Software (34MB)

IRS Form 1098-E

Using the E-File Magic 1098-E software you can print, mail, and e-File your 1098-E forms with ease. We support all 1098-E form copies, except for Copy A (the e-File transmittal takes the place of copy A), including:

1098-E Form Copy B - For Borrower
1098-E Form Copy C - For Recipient

You pay only for e-File Services (required), and optionally print and mail services. This makes your year end reporting requirements even simpler than ever. Just import or manually enter your data into our software program, validate, and transmit your data for processing. We do the rest and notify you of our progress every step of the way. We hope you enjoy using E-File Magic for filing your 1098-E forms!

Filing your 1098-E Forms is as Easy as 1-2-3

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Filing Instructions

(according the the IRS)

File Form 1098-E, Student Loan Interest Statement, if you receive student loan interest of $600 or more from an individual during the year in the course of your trade or business.

The $600 threshold applies to each borrower regardless of the number of student loans obtained by that borrower. However, you may file a separate Form 1098-E for each student loan of the borrower, or you may file one Form 1098-E for the interest from all student loans of the borrower.

Who must file. 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.

1098-E Software Features Include:

Print forms to blank paper!
No software licensing fees for using our software. You pay only for the services we provide!
Database level encryption support: Protect your sensitive recipient information using the Department of Defense approved AES256 algorithm!
Support for ALL 1097-BTC, 1098, 1099, 5498, 3921, 3922, and W-2G forms
Print and Mail Services Available
IRS Copy A and 1096 Not Required
Requires E-Filing with Our Service Bureau
No need to apply for TCC number using our system
Import E-File Magic 2010 Recipients to avoid reentry!
Multi-User support for operating in an Active Directory or workgroup environment.
Supports filing years 2007, 2008, 2009, 2010 & 2011
Printable forms support industry standard double windowed number 9 and 10 envelopes.

High quality printable forms, covering all copies B, C, D, 1, and 2 where applicable
Simplified correction process for processing IRS corrections
Personalize printable forms using your companies logo.
Misc. data fields allow you to customize messages, financial breakdowns, payment history information, etc to be printed on your recipient forms
Preview your forms before you print them
CPA Friendly: Unlimited Companies/Filers
XP, Vista and Windows 7 Compatible
Built-In Help System
Built-In Form validation module to help you avoid common mistakes
Built-In reporting for generating form totals, recipient lists, and mailing labels
Requires E-Filing services to be purchased from and provided by E-File Magic. Visit our price quote page for more information.
Seamless client server order transmission process; transmit your order in seconds!

Supported Software Forms

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