Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
hsmith1178
New Member

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
MichaelMc
New Member

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.

View solution in original post

1 Reply
MichaelMc
New Member

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.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~