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 1098 Form 2015

2015-2025 Form

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What is a W-9 tax form? What is a W-9 tax form?

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Video instructions and help with filling out and completing 1098 Form

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Instructions and help about 1098 Form

hello everyone today I am going to discuss a matter with you that is probably somewhat confusing to homeowners and that's the mortgage interest deduction the mortgage interest deduction reduces your tax liability and in some cases generates a refund for you the amount of mortgage interest that you pay a year to a lender is reported to you on the form 1098 this form should be received by you sometime during the month of january or February on this form it will show the amount of interest that you paint that lender for that particular property and any point pain that year in some cases the form 1098 will also show property taxes paid but that's only if your property taxes are being paid out of an escrow account from the lender so in all cases the property tax amount is not going to be listed under 298 but in some cases it will be now in order to claim the mortgage interest deduction you must itemize and that's using the schedule a the itemized deductions must equa

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