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Level 1
February 17, 2026
Question

do i need a 1098 for receiving interest for a loan?

  • February 17, 2026
  • 2 replies
  • 41 views
o i need a 1098int for receiving interest for a loan?

2 replies

Level 6
February 17, 2026

You generally receive Form 1099-INT if you are the recipient of interest from a loan you made. Conversely, if you paid mortgage interest, you typically receive Form 1098, which reports the total interest paid during the year.


 

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Level 15
February 17, 2026

If you received interest, you get a 1099 INT.    If you paid interest on a mortgage loan, you get a 1098 from the mortgage lender.   If you paid interest on a student loan you get a 1098E from the student loan lender.

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