IRS 1098 Forms

IRS 1098 Forms

Choose the necessary version or schedule of 1098 forms that you would like to electronically fill out and send to the IRS

Fill out your IRS 1098 Forms on the web

You may have encountered the following situations:

  1. You mailed the IRS 1098 Forms, and it didn't reach the recipient.
  2. You made a mistake in the template and you need to redone and send it again.
  3. You lost the original copy.

It's a common thing for paperwork. People spend a lot of money on keeping paper records. And most importantly, it takes a lot of time.

If previously you couldn't do without paperwork, now you can transfer the document flow to electronic format. There are online services available for individuals and businesses that allow you to prepare and submit tax reports from your browser. This saves time on sending and searching, money, and space in the bookcase.

Even if you need a paper version of the IRS 1098 Forms, our electronic document management service makes it easy to print the necessary copy. Fill in your forms online and always keep your data safe.

Questions & answers

No, you don't have to actually file Form 1098 14that is, submit it with your tax return. You only have to indicate the amount of interest reported by the form. And you generally only report this interest if you are itemizing deductions on your tax return.
Use Form 1098 (Info Copy Only) to report mortgage interest of $600 or more received by you during the year in the course of your trade or business from an individual, including a sole proprietor.
Even if you didn't receive a 1098-E from your servicer, you can download your 1098-E from your loan servicer's website. If you are unsure who your loan servicer is, log in to StudentAid.gov or call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243; TTY 1-800-730-8913).
It is generally recommended to file as soon as possible if you have missed the deadline to file form 1098 as the penalty increase with time. The penalty is. If you file within 30 days of the deadline the penalty is $30 per 1098 form with a maximum of $250,000 per year or $75,000 for small businesses.
Even if you didn't receive a 1098-E from your servicer, you can download your 1098-E from your loan servicer's website. If you are unsure who your loan servicer is, log in to StudentAid.gov or call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243; TTY 1-800-730-8913).
Even if you didn't receive a 1098-E from your servicer, you can download your 1098-E from your loan servicer's website. If you are unsure who your loan servicer is, log in to StudentAid.gov or call the Federal Student Aid Information Center at 1-800-4-FED-AID (1-800-433-3243; TTY 1-800-730-8913).
Lenders do not have to provide a Form 1098 if they received less than $600 in interest, mortgage insurance premiums, or points during the year. Additionally, interest received from a corporation, partnership, trust, estate, association, or company (other than a sole proprietor) does not require filing a Form 1098.
To download a copy, log into your Freedom Mortgage account. Select Statements from the right-hand menu, look for your 2020 statement, and click on the icon to get your copy. If you have any questions about your Year End Statement, please call our customer care team at (855) 690-5900.
The 1098 form and its variants are used to report certain contributions and other possible tax-deductible expenses to the IRS and taxpayers. In particular, they cover mortgage interest payments; contributions of motor vehicles, boats, or airplanes; student loan interest paid; and tuition and scholarship information.
Lenders are required to issue Form 1098 when a homeowner has paid $600 or more in mortgage interest during the tax year. To deduct mortgage interest, you must be the primary borrower on the loan, and be actively making payments.