What Is Form 1098: Mortgage Interest Statement? Form 1098, Mortgage Interest Statement, is an Internal Revenue Service (IRS) form used by taxpayers to report the amount of interest and related ...
Your mortgage lender is required to use this form if you paid more than $600 in mortgage interest last year. The form also reports your mortgage balance, any mortgage insurance premiums and how much ...
To find out how much mortgage interest you paid without a Form 1098, look at your mortgage statements for that filing year. If you take the standard deduction instead, you won’t deduct your mort ...
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