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Tax Year 2016: Why did i get a 1098 for mort int paid when i made no patments to the loan during the year
My home was a short sale, that closed on 12/28/2016. I think the buyer paid the interest in the transaction, even though I got the 1098 from the lender
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posted
June 4, 2019
4:19 PM
last updated
May 01, 2023
3:42 PM


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Tax Year 2016: Why did i get a 1098 for mort int paid when i made no patments to the loan during the year
It's also possible that some of the interest paid was from an escrow account that held prepaid interest when you purchased the home, or some of the sale proceeds went toward interest. Check with your mortgage company to confirm any interest on the 1098 is accurate.
June 4, 2019
4:19 PM
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Tax Year 2016: Why did i get a 1098 for mort int paid when i made no patments to the loan during the year
It's also possible that some of the interest paid was from an escrow account that held prepaid interest when you purchased the home, or some of the sale proceeds went toward interest. Check with your mortgage company to confirm any interest on the 1098 is accurate.
June 4, 2019
4:19 PM
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