The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Re: What if 1098 Form is Incorrect??||Date: 2/16/2000 12:37 PM|
|Author: pmarti||Number: 28843 of 120441|
<< The 1098 Mortgage Statement that I received from my bank is not correct, it includes 11 payments of interest instead of 12. (I am certain that all were received and none were late.)
I am having difficulty contacting them, the line is always busy. Do I need to attach a note with my IRS forms when I file to explain this? >>
Assuming none was early (e.g. the January payment made in December of 1998), report the 1098 amount on line 10 of Schedule A and the balance on line 11.
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