ewoods1
New Member

Deductions & credits

Thanks for the reply. I guess I was wondering if there was a general reason why the interest reported on the 1098 would be different than the interest actually paid. I spent a couple of hours on the phone with my bank today to try to find someone to explain why this might be, and I couldn't get anyone who even knew how to correct a 1098. 

 

So I guess the next question is, if I definitely paid more interest than is being reported on my 1098, and can prove that I did, I should deduct the actual interest I paid, right?