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New Member
posted Jun 3, 2019 1:28:50 PM

I have a question about my 1098. Am I supposed to report line 10, principal paid on taxes?

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1 Best answer
Level 15
Jun 3, 2019 1:28:51 PM

No you don't report that on your tax return. You enter the outstanding principal but not the amount of principal paid.

1 Replies
Level 15
Jun 3, 2019 1:28:51 PM

No you don't report that on your tax return. You enter the outstanding principal but not the amount of principal paid.