Tag Archives: 1098

If you own your own home and have a mortgage, you likely received a document at tax time from your lender. Known as the Form 1098, it totals the amount of interest you paid during the last tax year on your mortgage. The IRS must receive a copy of this form from your lender per […]

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Tax season can be complicated: From the math, to the organization of documents, to the filing of the forms. The IRS has over 900 different tax forms available to taxpayers when filing their returns. Generally, the average taxpayer doesn’t have to worry about a majority of the forms. Ten of them are relatively common, and […]

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What is the Form 1098?

At tax time, if you have a mortgage loan on your home you should expect to receive a Form 1098 (Mortgage Interest Statement) from your lender. The Form 1098 reports the amount of interest you paid throughout the year. You aren’t required to file this form with your taxes, because a copy will automatically be […]

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