Owning a home can yield some benefits at tax time if you're able to deduct mortgage interest. If you paid interest on a mortgage loan, your lender should provide you with a Form 1098 Mortgage Interest ...

It’s that time of year again: tax season! If you’re a homeowner or planning to become one, it’s helpful to be aware of form 1098 and understand its potential benefits. There are many perks to ...

Here's what you should know about the form 1098, Mortgage Interest Statement: A form 1098, Mortgage Interest Statement, is used to report mortgage interest, including points, of $600 or more paid to a ...

On Feb. 8, "Hector" wrote that he paid college tuition in December and it did not show up on a 1098T. (Scenario #1)What happens when you pay in January and the college includes it on the previous year ...

In previous years, IRS Form 1098-T included a figure in Box 2 that represented the qualified tuition and related expense (QTRE) the university billed to the student account for the calendar (tax) year ...

The Tax Court held that a taxpayer was entitled to claim the American opportunity tax credit based on the tuition and fees paid from student loan proceeds disbursed during calendar year 2011, for ...

Question from k P March 12, 2007 at 11:55am I received 1098-T from the university where my daughter attends. In column 2 there is $5110 and $11254 in column 5. Please advise how do I report this in my ...