How do I enter my mortgage interest information if my bank didn't send me a Form 1098?
Menu Path: Deductions/Credits > Itemized Deductions > Homeowner Expenses (1098)
Sometimes a bank might not issue you a Form 1098 for mortgage interest that you paid. For example, some banks won't issue a Form 1098 if the amount you paid was less than $600.
If you paid at least $600 in mortgage interest, your bank should issue your Form 1098 by January 31st. If your bank hasn't sent a Form 1098 by January 31st, here's how you can enter the mortgage interest:
Sometimes a bank might not issue you a Form 1098 for mortgage interest that you paid. For example, some banks won't issue a Form 1098 if the amount you paid was less than $600.
If you paid at least $600 in mortgage interest, your bank should issue your Form 1098 by January 31st. If your bank hasn't sent a Form 1098 by January 31st, here's how you can enter the mortgage interest:
- Choose I have other expenses on the Homeowner Expenses screen.
- Answer Yes to the question that asks if you paid mortgage interest on a Form 1098 issued to another person on the next screen.
- Click Add Other Mortgage Interest on the next screen.
- Enter your mortgage interest amount paid on the next screen. Then enter "FORM 1098 NOT RECEIVED" for the Name and your own address in the Address section.
