My mortgage was sold last year. The old mortgage companies 1098 is exactly correct. However, for the new company, the 1098 Mortgage form does not have a checkmark on box 7 saying that my mailing address is different than the address of the property that is mortgaged. The address of the property is included in box 8. However, I think that box 7 should have been checked like it was from the old mortgage company. Can I go ahead and mark it as checked since it should be?
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Yes, the mortgage forms go in to a worksheet that does not go to the IRS. Only the Sch A goes to the IRS with the final number for allowable mortgage interest. You can input whatever makes the final answer correct in that section.
Yes, the mortgage forms go in to a worksheet that does not go to the IRS. Only the Sch A goes to the IRS with the final number for allowable mortgage interest. You can input whatever makes the final answer correct in that section.
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