What Is Form 1098: Mortgage Interest Statement? Form 1098 is a tax document that homeowners will receive if they pay $600 or more in mortgage interest over the course of a year. Your mortgage ...
In order to take advantage of the mortgage interest tax break, we have to itemize and file Schedule A of Form 1040 to prove we have tax deductions ... Your lender should provide a Form 1098, which ...
There are many perks to homeownership, and tax deductions are just one of the many advantages that you may be able to enjoy. (Photo: Kelly Sikkema on Unsplash). Michaela Phillips,Guaranteed Rate ...