You'll need to sign in or create an account to connect with an expert.
No you do not issue a Form 1098.
See IRS Form 1098 instructions on page 2 (Who must File) - https://www.irs.gov/pub/irs-pdf/i1098.pdf
You are not required to file this form if the interest is not received in the course of your trade or business. For example, you hold the mortgage on your former personal residence. The buyer makes mortgage payments to you. You are not required to file Form 1098.
Remove duplicate answer
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.
debrarae05
New Member
leggshardy
New Member
2313hatetaxes
Level 1
truckmassey
Level 2
chaut328
New Member