IRS 1098 Form

Do you need to sign Form 1098?

Form 1098 is not signed by the borrower. The mortgage lender's officer handles the signing. With PDF Maxi, you fill and keep it for your records.

When is Form 1098 not required?

If interest, premiums, or points are below $600, or paid by corporations or partnerships, Form 1098 isn't needed. Confirm your needs with IRS guidelines.

How to fill out Form 1098?

1. Input lender info via PDF Maxi

2. Complete borrower detail

3. Record total interest, points, insurance

4. Provide mortgage specifics

5. Download and mail by January 31

What is Form 1098?

Form 1098, the Mortgage Interest Statement, records $600 or more mortgage interest and is crucial for claiming tax deductions.

Where to file Form 1098?

Send Form 1098 to the IRS via mail. Verify IRS instructions for accurate addresses to prevent filing issues.

When is Form 1098 due?

Provide recipients Form 1098 by January 31, file on paper by February 28, or e-file by March 31 to comply with the IRS deadlines.

What is Form 1098 used for?

Homeowners use Form 1098 to report and deduct mortgage interest, including premiums and points, on their taxes.

Who is required to fill out Form 1098?

Lenders or designated recipients complete Form 1098 when mortgage interest exceeds $600, aiding taxpayer deductions.

How to get a blank Form 1098?

Find a blank Form 1098 on our platform, ready to fill with PDF Maxi, streamlining your document preparation process.