Home
Forms Library
Form 1098 mortgage interest statement

Tax form 1098-2025

form 1098 mortgage interest statement Preview on Page 1

See details

4.4 out of 5

40 votes

The document provides detailed instructions for completing Form 1098, which is used to report mortgage interest and mortgage insurance premiums received by lenders during the tax year. It outlines who must file the form, specific reporting requirements, exceptions, and definitions related to mortgages. Key updates include information on the deductibility of mortgage insurance premiums for 2018 and the availability of fillable online forms. The document emphasizes compliance with IRS regulations and includes guidance on reporting various types of interest payments.

Here's how it works

01. Edit your form 1098 mortgage interest statement online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send whats a 1098 via email, link, or fax. You can also download it, export it or print it out.

How to use or fill out tax form 1098 with our platform

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Click ‘Get Form’ to open the tax form 1098 in the editor.
Begin by entering your name, address, and telephone number in the designated boxes. This information identifies you as the lender.
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.
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.
In Box 3, indicate the date of origination for the mortgage. This helps establish when the loan was initiated.
If applicable, report any refunds of overpaid interest in Box 4. This should reflect any adjustments made for prior years.
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.
Finally, review all entries for accuracy before saving and distributing your completed form using our platform's features.

Start filling out your tax form 1098 today for free with our easy-to-use editor!

See more tax form 1098 versions

We've got more versions of the tax form 1098 form. Select the right tax form 1098 version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2022	4.8 Satisfied (112 Votes)
2021	4.2 Satisfied (73 Votes)
2020	3.9 Satisfied (36 Votes)
2019	4.4 Satisfied (240 Votes)
2018	4.4 Satisfied (40 Votes)
2017	4.3 Satisfied (83 Votes)
2016	4.2 Satisfied (63 Votes)
2013	4.3 Satisfied (192 Votes)
2012	4.3 Satisfied (197 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Does a 1098 increase the refund?

The main goal of Form 1098-T is to make sure you have a record of your educational expenses. These expenses might make you eligible for tax credits, like the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC). These credits can reduce your tax or potentially even increase your refund.

Do you get money back from a 1098?

When filing an 1098E do you get any of that money paid back? When filing an 1098E do you get any of that money paid back? No, you dont get the money back. The amount of student loan interest reported on the form reduces your income subject to tax. It is not a refundable credit, Its adjustment to income.

How does a 1098 affect my tax return?

The 1098 form and its variants are used to report certain contributions and other possible tax-deductible expenses to the IRS and taxpayers. In particular, they cover mortgage interest payments; contributions of motor vehicles, boats, or airplanes; student loan interest paid; and tuition and scholarship information.

What is a 1098 tax form used for?

Use Form 1098, Mortgage Interest Statement, to report mortgage interest (including points, defined later) of $600 or more you received during the year in the course of your trade or business from an individual, including a sole proprietor. Report only interest on a mortgage, defined later.

Will a 1098 help my tax return?

The Form 1098-T Tuition Statement is a very important tax form for college students. It is required to claim valuable education credits, such as the American Opportunity Tax Credit and the Lifetime Learning Credit. You can get one from your College, and you should absolutely use it to prepare your tax return.

property tax form 1098

IRS Form 1098 for 2023 Form 1098 mortgage 1098-t Tax form 1098 pdf Property tax Form 1098 What is a 1098 tax form used for Tax form 1098 instructions 1099 tax form

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

How much do you get back for a 1098?

Thus, the maximum credit a taxpayer may claim per student is $2,500 per year. A family with multiple eligible students may claim this amount for each student.

Does a 1098 show taxes paid?

The Form 1098 shows my name and Social Security number, along with the total amount of mortgage interest and real property taxes paid during the calendar year.

Do I have to enter my 1098 on my taxes?

If you paid over $600 in mortgage interest, you should receive a 1098 tax form from your mortgage provider so that you can file it with your taxes so that you claim the deduction. It is important to note that you do not have to file Form 1098 unless you wish to claim a deduction for the mortgage interest youve paid.

Tax form 1098-2025

Here's how it works

How to use or fill out tax form 1098 with our platform

See more tax form 1098 versions

Complete this form in 5 minutes or less

Got questions?

Does a 1098 increase the refund?

Do you get money back from a 1098?

How does a 1098 affect my tax return?

What is a 1098 tax form used for?

Will a 1098 help my tax return?

Complete this form in 5 minutes or less

People also ask

How much do you get back for a 1098?

Does a 1098 show taxes paid?

Do I have to enter my 1098 on my taxes?

1098 tax form mortgage

Try more PDF tools