Establishing secure connection…Loading editor…Preparing document…
This website is not affiliated with IRS.
 Form 1098 2017

2017-2025 Form

Use the Form 1098 2017 template to simplify high-volume document management.

How it works

Open form follow the instructions
Easily sign the form with your finger
Send filled & signed form or save
What is a W-9 tax form? What is a W-9 tax form?

What is the Form 1098

The Form 1098, also known as the Mortgage Interest Statement, is a tax document used in the United States to report the amount of mortgage interest received by a lender from a borrower. This form is essential for taxpayers who have paid more than six hundred dollars in mortgage interest during the tax year. It helps borrowers claim deductions on their federal income tax returns, thereby reducing their taxable income. The form must be issued by the lender to the borrower and submitted to the Internal Revenue Service (IRS).

How to use the Form 1098

To effectively use the Form 1098, borrowers should ensure they receive it from their lender by the end of January each year. This document contains key information that can be used when filing taxes, particularly for claiming mortgage interest deductions. Taxpayers should review the details on the form for accuracy, including the total interest paid, and retain it for their records. When preparing tax returns, the information from the Form 1098 should be entered into the appropriate sections of the tax forms to maximize potential deductions.

Steps to complete the Form 1098

Completing the Form 1098 involves several key steps:

  • Gather necessary information, including the full names and addresses of both the lender and borrower.
  • Input the taxpayer identification numbers for both parties.
  • Document the total mortgage interest paid during the year, ensuring it exceeds six hundred dollars.
  • Include any additional financial details, such as refunds or insurance premiums related to the mortgage.
  • Provide the address of the property securing the mortgage.

Once completed, the form must be submitted to the IRS by the designated deadline, typically by the end of February, to avoid penalties.

Key elements of the Form 1098

The Form 1098 includes several important elements that must be accurately filled out:

  • The lender's name, address, and taxpayer identification number.
  • The borrower's name, address, and taxpayer identification number.
  • The total amount of mortgage interest received during the year.
  • The address of the property that secures the mortgage.
  • Any additional amounts related to mortgage insurance premiums or refunds.

These elements are crucial for both the borrower and lender to ensure proper tax reporting and compliance with IRS regulations.

Filing Deadlines / Important Dates

It is important to be aware of the filing deadlines associated with the Form 1098. The lender must provide the completed form to the borrower by January thirty-first of the following tax year. Additionally, the form must be filed with the IRS by February twenty-eighth if submitted by mail, or by March thirty-first if filed electronically. Adhering to these deadlines helps avoid penalties and ensures that all tax obligations are met in a timely manner.

Who Issues the Form 1098

The Form 1098 is issued by lenders, including banks, credit unions, and mortgage companies, to borrowers who have paid mortgage interest during the tax year. It is the responsibility of the lender to ensure that the form is accurately completed and provided to the borrower by the required deadline. Borrowers should keep a copy of the form for their records and use it when preparing their tax returns.

Quick guide on how to complete form 1098 2017

Forget about scanning and printing out forms. Use our detailed instructions to fill out and eSign your documents online.

Explore the easiest method to complete and endorse your [SKS]

Are you still spending time preparing your official paperwork on paper instead of completing it online? airSlate SignNow offers a superior approach to complete and endorse your [SKS] and related forms for public services. Our intelligent electronic signature system provides you with all the tools necessary to handle documentation swiftly and in line with legal standards - robust PDF editing, managing, securing, signing, and sharing features all available in an intuitive interface.

Only a few steps are required to complete and endorse your [SKS]:

  1. Upload the fillable template to the editor with the Get Form button.
  2. Verify what information you are required to include in your [SKS].
  3. Move through the fields using the Next option to ensure nothing is overlooked.
  4. Utilize Text, Check, and Cross tools to populate the fields with your information.
  5. Update the content with Text boxes or Images from the top toolbar.
  6. Emphasize what is most signNow or Redact areas that are no longer relevant.
  7. Select Sign to generate a legally binding electronic signature using any method of your choice.
  8. Insert the Date next to your signature and finish your task with the Done button.

Store your finalized [SKS] in the Documents folder of your profile, download it, or transfer it to your chosen cloud storage. Our solution also offers versatile file sharing. There’s no need to print your forms when you need to send them to the appropriate public office - do it via email, fax, or by requesting a USPS “snail mail” delivery from your account. Give it a try today!

be ready to get more

Create this form in 5 minutes or less

Find and fill out the correct form 1098 2017

airSlate SignNow helps you fill in and sign documents in minutes, error-free. Choose the correct version of the editable PDF form from the list and get started filling it out.

Versions
Form popularity
Fillable & printable
4.8 Satisfied (601 Votes)
4.8 Satisfied (1352 Votes)
4.8 Satisfied (5330 Votes)
4.8 Satisfied (720 Votes)
4.8 Satisfied (244 Votes)
4.7 Satisfied (254 Votes)
4.8 Satisfied (160 Votes)
4.8 Satisfied (253 Votes)
4.7 Satisfied (173 Votes)
4.7 Satisfied (200 Votes)
4.8 Satisfied (263 Votes)
4.8 Satisfied (272 Votes)

FAQs

Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Need help? Contact support

Related searches to Form 1098

Form 1098 2017 pdf
Form 1098 2017 instructions
When is Form 1098 due
Form 1098 rental property
Sample 1098 form
Why do I have two 1098 forms
How to get 1098 mortgage Form
Box 10 1098

Create this form in 5 minutes!

Use professional pre-built templates to fill in and sign documents online faster. Get access to thousands of forms.

How to create an eSignature for the form 1098 2017

Speed up your business’s document workflow by creating the professional online forms and legally-binding electronic signatures.

People also ask

Here is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.

Need help? Contact support

be ready to get more

Get this form now!

If you believe that this page should be taken down, please follow our DMCA take down process here.
airSlate SignNow