| Info | ||
|---|---|---|
| Panel | ||
| ||
This article provides an overview of how to complete Form 1098. |
...
About Form 1098
Taxpayers should receive Form 1098 Mortgage Interest if they paid more than $600 worth of mortgage interest during the tax period
...
.
...
Completing Form 1098
Select Add Form.
Begin by typing 1098, into the search bar at the bottom of the All Forms and Schedules Menu.
Select Form 1098 Mortgage Interest StatementLocate and highlight Form 1098 in the All Forms & Schedules Menu. Double-click to add the form.
If a joint return, choose New Taxpayer's or New Spouse's Occurrence.
Complete the 1098, filling in all applicable sections.
...
Be sure to enter real estate taxes in box 10 (if applicable) even if the taxpayer is not itemizing at the federal level, this could still help their individual state return.
Desktop/Hosted
CrossLink Online