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R
ruomraed
February 25, 2023
Question

Sold home in Oct 2020, why is $141.71 still showing in box 5 Mortgage insurance premium? Why did I receive a 1098?

  • February 25, 2023
  • 1 reply
  • 0 views
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1 reply

M
MonikaK1
February 25, 2023

Form 1098 Mortgage Interest Statement is used by lenders to report the amounts paid by a borrower if it is $600 or more in interest, mortgage insurance premiums, or points during the tax year. Lenders must file a separate Form 1098 for each mortgage that they hold.

 

If no mortgage insurance premiums were paid to this lender in the year for which the Form 1098 was issued, contact the lender for an explanation.

 

See this TurboTax tips article on Form 1098 for more information.

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