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 Instructions for Form 1098 Instructions for Form 1098, Mortgage Interest Statement 2020-2025

1098 2020-2025 Form

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Video instructions and help with filling out and completing Instructions For Form 1098 Instructions For Form 1098, Mortgage Interest Statement

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Instructions and help about instructions 2018 fax

welcome to county office your ultimate guide to local government services and public records let's get started what is a 1098 mortgage tax statement a 1098 mortgage tax statement is a document sent by A lender to a borrower that details the amount of interest paid on a mortgage during the year this statement is used by taxpayers to claim deductions on their tax returns the 1098 form includes the borrower's name address and social security number as well as the lender's information it also lists the total amount of interest paid on the mortgage for the year and the points paid on the loan it's important to note that not all mortgage interest is deductible the IRS has specific rules and limitations on what can be claimed as a deduction it's best to consult with a tax professional or refer to the IRS website for more information in summary a 1098 mortgage tax statement is a document that provides borrowers with the information needed to claim deduct

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