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mortgage assistance

12/15/2015 I received mortgage assistance and gave a deed for 5 years. now full reconveyance executed 12/4/2020 do I need to put this in my taxes somewhere .?                                                   

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1 Reply
RobertB4444
Expert Alumni

mortgage assistance

If you received any tax forms from the financial institution that handled the mortgage assistance program then you may have something to enter.

 

If you receive a form 1098 then you have deductions related to the mortgage and what you paid.  You will enter that.

 

If you received form 1099-MISC you may have income resulting from the reconveyance.  In this case you will enter it under Other Income.

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