- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have a 1098 form for a vacation resort. Great Eastern Resort Corporation. Do i need to include it in my taxes
1 Best answer
Accepted Solutions
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have a 1098 form for a vacation resort. Great Eastern Resort Corporation. Do i need to include it in my taxes
Presumably, the Form 1098 includes mortgage interest and real estate taxes that would be beneficial if you itemize deductions.
If you are taking the standard deduction, and are not already close to the tipping point at which itemizing would be worthwhile, then there is no need to include this 1098.
1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I have a 1098 form for a vacation resort. Great Eastern Resort Corporation. Do i need to include it in my taxes
Presumably, the Form 1098 includes mortgage interest and real estate taxes that would be beneficial if you itemize deductions.
If you are taking the standard deduction, and are not already close to the tipping point at which itemizing would be worthwhile, then there is no need to include this 1098.
Still have questions?
Make a post
Or browse the Forums