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1098 Popular Q&A

Q: What is a 1098 Form Used for?
A: Your mortgage company sends you a 1098 to tell you how much interest you paid on your home loan during the year, so you can deduct it from your income taxes. Th... Read More »

Q: What is a 1098t?
A: A 1098-T is a Tuition Payments Statement that's issued to determine a student's eligibility for Read More »

Q: How to File a 1098 With the IRS.
A: 1. Obtain a scannable copy of Form 1098 by ordering it through the IRS website or calling 800-TAX-FORM. Do not download and use the PDF version available for vi... Read More »

Q: How to use form 1098?
A: 1. Review your Form 1098 when you receive it from your mortgage lender. Compare the interest for the year with your payment records. Make sure that the deductib... Read More »

Q: What are the factors in1098?
A: 1, 2, 3, 6, 9, 18, 61, 122, 183, 366, 549, 1098. Read More »