Let's Talk Tax Forms - 1098

Tax Form 1098 is your Mortgage Interest Statement.

Form 1098 is a tax document used to report mortgage interest payments made by a taxpayer. It provides a summary of the interest paid on a mortgage loan, allowing homeowners to claim deductions for mortgage interest on their tax returns, potentially reducing their taxable income. For more information about this common tax form, watch the short video below. 

 

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I’m Kristin, the PWCPA PC Customer Success Specialist. For more information about this topic, or any other, you can always reach me through our customer ticketing system.