Skip to main content
February 7, 2025
Question

If I purchase my home on land contract where do I get my 1098.

  • February 7, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    KrisD15
    February 7, 2025

    When you enter the interest

    Deductions & Credits

    Your Home

    Mortgage Interest, Points, Refinancing, and Insurance    START

     

    Enter the Seller's name

    Continue and select "This is a seller-financed loan and I did not receive an 1098"

     

    Continue to enter the information

     

    Since the Seller is not a financial institution, they are not required to issue Form 1098 but they are required to report the interest you paid on their tax return. 

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"