Deductions & credits

The Form 1098 Mortgage Interest Statement must be mailed to you by January 31st.  Once received, Box 1 of Form 1098 shows the amount of Mortgage Interest paid.  If Box 1 is blank, then contact your mortgage lender.  

Some mortgage lenders report the Property Tax you paid in Box 11 of Form 1098.  If Box 11 is blank, you can find the Property Tax paid by doing the following:

You can call your local city or county property appraiser's or tax assessor’s office, or search their website.  Look for a link to “Property Search” or “Property Tax Records."

You can review your annual escrow statement, which is provided by your mortgage lender.  The escrow statement will show how much real estate taxes were paid in the prior year.  You can also contact your lender if you need help finding this information.

Remember, you can claim the property tax deduction, for all the properties you own, in the year you made the payment. So if you paid your 2018 property tax on December 14, 2017, claim it on your 2017 return. 

See this TurboTax article Claiming Property Taxes on Your Tax Return for additional information.

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