You can still deduct the portion of the mortgage interest you paid if you are financially responsible for the loan even if you do not receive a Form 1098.
Deducting mortgage interest without a 1098 statement
Just follow through the screens and enter the information. You may be able to refer to your statement as of December 31st as well to get the loan balance and mortgage interest portion paid during the year. You can also contact the co-op to request this information if you do not have a statement available.
You can enter your mortgage interest into the program in the federal section of the program.
- Select Deductions & Credits
- Select Mortgage Interest and Refinancing (Form 1098)
- At the bottom of the next page, select Add another 1098
- Be sure to answer the questions carefully to ensure you are able to claim all of the mortgage interest allowed.
See the following link for more information as to when you can deduct your mortgage and any limits that could apply, if any.
Mortgage interest deduction
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
