The Learning Center | DiMercurio Advisors

What is IRS Form 1098?

Written by John Kirkland | Jan 02, 2018

Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive tax form library, showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.

General Information

  • What is the form number?  Form 1098
  • What government agency is it filed with?  The Internal Revenue Service (IRS)
  • What is the form name?  Mortgage Interest Statement
  • What is this form about?  This form is typically issued by financial institutions to report mortgage interest received from borrowers. It provides details on mortgage interest and related expenses paid by an individual, which can often be deducted on their tax return.

What does it look like?

 

Resources

Looking for more information about this form?  Here are some helpful resources:

How can we help you today?

Looking for more information about this or other tax forms?  The tax team at DiMercurio Advisors are tax compliance experts.  We are passionate about ensuring you are well-informed and in control of your tax situation.