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Origination charges not reported on 1098

The 1098 form I am looking at for Box 2 is marked "Outstanding Loan Principal".  Box 6 is listed as "Points Paid on Purchase of Principal Residence".  Isn't that the correct box in this discussion, not Box 2 that you are citing?

KrisD15
Expert Alumni

Origination charges not reported on 1098

Yes, if they are reported on the 1098, points will be listed in box 6 on the 1098. 

By the way, this thread is from last year, so might not be current for 2019.

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Origination charges not reported on 1098

Yes indeed, I realize that date and I checked the 1098 forn as it existed last year befor I posted my original question.  I still think it was box 6 that should have been cited in the reply, but I'm not a CPA.

ThomasM125
Expert Alumni

Origination charges not reported on 1098

The points should be listed in box 6 on form 1098. However, often they are not listed on the form, but you can deduct them even if not listed on the form 1098.

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Origination charges not reported on 1098

Yes, that's what I think....but what I was originally questioning is why box *2* kept coming up in the original discussion.  Thanks. (and that was from a CPU reply)

KrisD15
Expert Alumni

Origination charges not reported on 1098

Not sure, but the thread started last year and box 2 is reported differently this year. 

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