Mortgage Interest Paid to Banks
Enter the amount of mortgage interest you paid for 2025 to banks or other financial institutions.
Don't include prepaid interest when you paid it. You can include prepaid interest only in the year to which it is properly allocable. Points, including loan origination fees that are charged only for the use of money, must be deducted over the life of the loan.
If you paid $600 or more in interest on a mortgage during 2025, the recipient should send you a Form 1098 or similar statement by January 31, 2026, showing the total interest you paid.
Don't include prepaid interest when you paid it. You can include prepaid interest only in the year to which it is properly allocable. Points, including loan origination fees that are charged only for the use of money, must be deducted over the life of the loan.
If you paid $600 or more in interest on a mortgage during 2025, the recipient should send you a Form 1098 or similar statement by January 31, 2026, showing the total interest you paid.
