Wells Fargo Private Student Loans

Wells Fargo Private Student Loans

For student loans which have transferred to Firstmark Services, your student loan curiosity info for 2021 (and all earlier tax years) is obtainable at Firstmark Services or by calling 1-833-531-1307.

Student loan curiosity is curiosity and eligible charges you paid through the yr on a professional student loan. It contains each required and voluntary curiosity funds. The quantity offered to you in your Form 1098-E is a mirrored image of the quantity of curiosity that has been paid through the yr on certified student loans.

Keep in thoughts that you don’t want an precise Form 1098-E to say the quantity paid in your taxes. You can full this info together with your quantity paid and the servicer tax identification quantity 94-1347393 for the student loan curiosity quantity Wells Fargo has offered. For transferred loans, contact Firstmark Services or name 1-833-531-1307 for student loan curiosity info for 2021 (and all earlier tax years).

For extra info, see IRS Pub. 970, and the Student Loan Interest Deduction Worksheet in your Form 1040 directions. Always seek the advice of your tax advisor for particular person tax steering.

If you’re the main borrower and made qualifying funds in 2021, Wells Fargo will mail you an Internal Revenue Service (IRS) Form 1098-E for the portion of 2021 wherein your loan was serviced by Wells Fargo Education Financial Services.

Note that for cosigned student loans, cosigners won’t obtain the Form 1098-E.

The 1098-E from Wells Fargo will probably be issued by January 31, 2022. For loans which have transferred to Firstmark Services for servicing, Firstmark Services may also give you an IRS Form 1098-E for any qualifying funds acquired through the the rest of 2021.

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Please word that whereas the IRS solely requires 1098-E varieties be offered when you have paid a minimum of $600 in eligible curiosity, Wells Fargo generates 1098-E varieties for patrons who’ve paid a minimum of $100 in eligible curiosity on account of buyer demand. If you didn’t pay a minimum of $100.00 in eligible curiosity and charges through the tax yr, you’ll not routinely obtain a type 1098-E from Wells Fargo by means of the mail, even in case you acquired one final yr.

For student loans which have transferred to Firstmark Services, your student loan curiosity info for 2021 (and all earlier tax years) is obtainable at Firstmark Services or by calling 1-833-531-1307.

For normal tax questions associated to any student loan(s) nonetheless being serviced at Wells Fargo, please contact Wells Fargo at 1-800-658-3567 Monday to Friday: 7 am to five pm Central Time.

Always seek the advice of your tax advisor for particular person tax steering.

Please remember that the tax info offered right here is meant as a handy supply of tax info. This info is normal in nature, will not be full, and should not apply to your particular state of affairs. You ought to seek the advice of your personal tax advisor concerning your tax wants. Wells Fargo makes no warranties and isn’t chargeable for your use of this info or for any errors or inaccuracies ensuing out of your use.