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 122846|
<< 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.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|