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New Member
posted Feb 7, 2025 12:52:14 PM

If I purchase my home on land contract where do I get my 1098.

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1 Replies
Expert Alumni
Feb 7, 2025 12:58:41 PM

When you enter the interest

Deductions & Credits

Your Home

Mortgage Interest, Points, Refinancing, and Insurance    START

 

Enter the Seller's name

Continue and select "This is a seller-financed loan and I did not receive an 1098"

 

Continue to enter the information

 

Since the Seller is not a financial institution, they are not required to issue Form 1098 but they are required to report the interest you paid on their tax return.