Owning a home can yield some benefits at tax time if you're able to deduct mortgage interest. If you paid interest on a mortgage loan, your lender should provide you with a Form 1098 Mortgage Interest ...
Each year about this time, mailboxes across America are filled with tax forms. Sometimes, those tax forms go straight to a tax professional, unopened. Other times, taxpayers may dutifully open those ...
It’s that time of year again: tax season! If you’re a homeowner or planning to become one, it’s helpful to be aware of form 1098 and understand its potential benefits. There are many perks to ...
Kelly Phillips Erb is a Forbes senior writer who covers tax. Your identifying information and the identifying information of your college or university are reported on the left side of form 1098-T.
The 1098-E form is a student loan interest statement. It states how much interest you paid on student loans within a year, and you may find out you are eligible for deductions. A 1098-E must be filled ...
In previous years, IRS Form 1098-T included a figure in Box 2 that represented the qualified tuition and related expense (QTRE) the university billed to the student account for the calendar (tax) year ...
Form 1098-T is a record of the financial information reported by Bates to the IRS on a student’s behalf. The information on form 1098-T can be used to help you determine if you are eligible for ...
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 lender ...
Text Callout : Key Takeaways - 1098 Tax Form: Mortgage Interest Statement and How to File If you have a mortgage, you'll probably receive an IRS Form 1098 in the mail. Your mortgage lender is required ...