Kat
Level 15
Level 15

Home loans

Edited after original post:  Unless you are a lending institution, it's my understanding that you aren't required to issue a mortgage interest statement.  However, you ARE still required to report any interest income received.

 

You will need to use Form 1098 Mortgage Interest Statement if you've received more than $600 in mortgage interest.  I'm linking that form below.  The second link will open to the Instructions for the form.

 

https://www.irs.gov/pub/irs-prior/f1098--2019.pdf

 

https://www.irs.gov/pub/irs-prior/i1098--2019.pdf

 

 

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*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***