Form 1098 and Form 1099 Differences. The Form 1098 —also known as Mortgage Interest Statement—is used to report the amount of interest and related expenses you paid on your mortgage during the tax year.

If you were on a forbearance plan during part of the year—or exited a forbearance plan and deferred missed payments—you will receive a 1098 with only the interest reported that was paid by you. Deferred interest is not reported.

Find out the differences between Form 1098 and Form 1099, and what to do if you refinanced or transferred your loan. Learn how to access and understand your year - end tax statements for your mortgage loan.

The Form 1098—also known as Mortgage Interest Statement — is used to report the amount of interest and related expenses you paid on your mortgage during the tax year. The purpose of a Form 1099 is to record types of income received from sources other than your employer, t...

The Form 1098 —also known as Mortgage Interest Statement — is used to report the amount of interest and related expenses you paid on your mortgage during the tax year. Form 1098 and Form 1099 Differences.

Your mortgage’s year-end tax statement ( Form 1098) This is a key tax document that summarizes the previous 12 months of your mortgage expenses. It’s usually something homeowners need when they file their taxes to determine their mortgage interest deduction.

If you signed the Note but your name isn’t on the year-end tax statement or 1098, here’s why: Only the primary borrower’s Social Security Number is reported. To switch the order of the names and the reporting for future statements, you’ll need to complete an Affiliation Change Agre...

Your statement will be available online around the middle of January, leaving you plenty of time to reference it for filing your taxes. If you are not signed up for Paperless, your statement will be mailed to you by January 31st. Form 1098 and Form 1099 D... Year-End Tax Statem...

The Form 1098 —also known as Mortgage Interest Statement — is used to report the amount of interest and related expenses you paid on your mortgage during the tax year. Form 1098 and Form 1099 Differences.

If you signed the Note but your name isn’t on the year-end tax statement or 1098, here’s why: Only the primary borrower’s Social Security Number is reported. To switch the order of the names and the reporting for future statements , you’ll need to complete an Affiliation Change Ag....