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February 13, 2023
Question

I didn't receive a 1098 for my HELOC since interest was under $600, how to I report on my return? I paid $564.49.

  • February 13, 2023
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February 13, 2023

You can enter the information in the Mortgage Interest and Refinancing (Form 1098) section with information from your lender's statement. 

 

When it asks to import the 1098 Form, select

 

and then

 

 

sara_getzAuthor
February 13, 2023

Thanks.  That's what I am doing but it still has required fields for items that would be on the 1098.

February 13, 2023

You should be able to get the information you need by contacting your lender. They'll be able to give you their Tax Identification Number (TIN). You can also access your account online and get a transaction/balance history. You may also need to review your mortgage documents for the information.  

 

Box 1 is for the Mortgage interest you paid the lender. 

Box 2 Shows the outstanding principal on the mortgage as of January 1 of the calendar year. If the mortgage originated in the calendar year, shows the mortgage principal as of the date of origination. If the recipient/lender acquired the loan in the calendar year, shows the mortgage principal as of the date of acquisition.

Box 3. Shows the date of the mortgage origination.

 

 

 

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