You'll need to sign in or create an account to connect with an expert.
Any deductible interest costs you pay at closing should be included on the Form(s) 1098 you receive from the lenders. You shouldn't need to pull them off the closing statement. Generally, if property taxes are paid via escrow account, which sounds like the case here, then the property taxes will also be on your Forms 1098. If you're unsure how much you actually paid in property taxes, nearly all counties have a website that will allow you to look up your property and see exactly how much property tax was paid on your property each year. I've always found that looking up property taxes with the county is much simpler than trying to reconcile a bunch of statements from different lenders.
Any deductible interest costs you pay at closing should be included on the Form(s) 1098 you receive from the lenders. You shouldn't need to pull them off the closing statement. Generally, if property taxes are paid via escrow account, which sounds like the case here, then the property taxes will also be on your Forms 1098. If you're unsure how much you actually paid in property taxes, nearly all counties have a website that will allow you to look up your property and see exactly how much property tax was paid on your property each year. I've always found that looking up property taxes with the county is much simpler than trying to reconcile a bunch of statements from different lenders.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
taxnewby101
New Member
etees18
New Member
toricassell27
New Member
Columbinho
Level 1
zinj
Level 3