- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How do I know if Box 7 is checked on Wells Fargo Form 1098?
Box 7 does not include a small box or any clear space in which a checkmark would go. There is no checkmark, but it includes this text:
"7 The address of the property securing the mortgage will be entered in box 8 and may be the same as PAYER'S/BORROWER'S address. See box 8 below."
Am I to assume it's not "checked"? I'm confused by this.
Topics:
June 6, 2019
1:19 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
The label for Box 7 says, "If address of property securing mortgage is the same
as PAYER’S/BORROWER’S address, check the box, or enter
the address or description in box 8."
Therefore, if there is no address in Box 8 - or the same address appears in Box 8 as for you, the PAYER/BORROWER - you may consider Box 7 to be checked.
If there is a different address in Box 8, then Box 7 is considered not checked.
June 6, 2019
1:19 AM
2,319 Views