The IRS instructs taxpayers to use Form 1098 to report the mortgage interest of $600 or more that they receive during their trade or business in the tax year. There are two primary purposes of this tax Form. Lenders use them to report interest payments exceeding $600 for the tax year. Homeowners use this form to calculate the total amount of interest they pay during the year. Different types of 1098 Forms and their deadlines If a...
What are the IRS Form 1098 Due Dates for 2022-23
March 31, 2023