<prompt> Human: I was looking at this page on the IRS site: Could anyone who better understands or has taken advantage of this deduction before explain in simpler terms how to be eligible for this deduction and how to use it?Assistant: 1 Have student loans outstanding2 Pay interest on those loans3 Have income less than 80k if filing as single, less than 160k if married filing joint4 Receive 1098 from student loan servicing company in January 20165 Enter interest paid as an above the line deduction on your 1040.Human: Will Fed Loan send the 1098 or do I need to request it?  <response>: A lot of times you can download it yourself on their website too. 