Question

I hold a mortgage as of 2016 and need a Form 1098 to file

Forum|Forum|7 years ago
June 1, 2019
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As of 2016, I hold a mortgage on a relative's home and need to file a Form 1098 with the IRS and with my relative. Can I obtain this form through Turbo Tax ???

TurboTax Deluxe Windows

M

MichaelDC

Employee

No. Form 1098 is not necessary unless one is in the business of providing mortgage loans.

Report the interest received as owner financing and enter the relative's name, address and Social Security number along with the interest received. Your name and SSN on the relative's tax return when they deduct the interest would be matched.