- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
From 1098 is issued by those who receive $600 or more in the course of their trade or business. In this instance, reporting on Form 1098 would not be required (although the form could still be filed as a record of payment).
Regardless, you should have some sort of documentation that reflects the fact that you paid interest on a loan secured by a house that you bought with the proceeds of that loan.
‎January 14, 2023
12:05 PM