Tax form 1098-2026

1. Click ‘Get Form’ to open the tax form 1098 in the editor.
2. Begin by entering your name, address, and telephone number in the designated boxes. This information identifies you as the lender.
3. In Box 1, report the total mortgage interest received from the borrower during the year. Ensure this amount does not include points or any government subsidy payments.
4. For Box 2, enter the outstanding mortgage principal as of January 1 of the reporting year. If the mortgage originated during that year, leave this box blank.
5. In Box 3, indicate the date of origination for the mortgage. This helps establish when the loan was initiated.
6. If applicable, report any refunds of overpaid interest in Box 4. This should reflect any adjustments made for prior years.
7. Complete Box 5 if you received $600 or more in mortgage insurance premiums during the year. Ensure to check if section 163(h)(3)(E) applies.
8. Finally, review all entries for accuracy before saving and distributing your completed form using our platform's features.

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