If you do not receive a form 1098, you can still claim mortgage interest by providing the lender's name and taxpayer identification number (generally his SSN) on the 1098 screen in TurboTax.
You can enter your mortgage interest by following these steps:
- In TurboTax, open your return
and click on Personal then on Deductions & Credits
- Click on Continue on the next page
- On the next page, click on I'll choose what I work on
- Locate the section Your Home
- Click Start next to Mortgage
Interest, Refinancing, and Insurance
- TurboTax will take you through a questionnaire to enter your mortgage interest.
If you do not provide the lender's SSN, the IRS may impose a penalty of $50.
Please read this IRS document, especially the section How to report on page 9:
https://www.irs.gov/pub/irs-pdf/p936.pdf
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