Printable blank Form 1098 (2021)
1. What is a 1098 Form?
The IRS Form 1098 for 2021 is currently the most recent version of the Mortgage.
Interest Statement tax form by the Internal Revenue Service of the US. This form allows taxpayers to report personal information and the details of the mortgage interest received to the IRS by the end of the tax year (TY). You have to file this form along with the 1096 Form.
2. What I need the 1098 Form for?
- File the fillable Form 1098 if you receive $600 or more of mortgage interest on the course of taking part in a trade or business;
- Fill the blank if you receive $600 or more MIP (Mortgage insurance premiums) from a trade or business. This rule currently applies only to 2021;
- You don’t have to file 1098 if you don’t receive any interest in the course of the trade or business and you have the mortgage on your previous personal residence.
3. How to fill out Form 1098?
You have to fill 2 copies of the form and file the first to the IRS and the second to your payer/borrower.
- Check the Void or Corrected box;
- Provide the information of the recipient/lender, including name, address, TIN;
- Enter payer’s/borrower’s information (name, address, TIN);
- Claim the number of properties that secure the mortgage;
- Provide your account number;
- Enter the amount of mortgage interest received;
- Enter the amount of MIP, mortgage principal, overpaid interest refund, etc.;
- State mortgage acquisition date;
- Copy the information onto the second sheet and sign/date both.
You can benefit from using PFDLiner’s library and download Form 1098 for free. We also provide an online PDF editor that can be used for filling out your 1098
4. Organizations that work with Form 1098
- Internal Revenue Service (IRS).
Hear What PDFLiner Users Have to Say & Join Them Today
Now that I’ve switched from Word to PDFLiner, I save lots of time processing and digitally distributing tons of billing forms, work orders, forecast reports, and invoices. In addition to this, thanks to PDFLiner, we’ve significantly minimized our paper consumption. Excellent tool that helps me cope with my business workflow faster and easier.
PDFLiner allows me to streamline the processes of generating and managing legal documents, as well as collecting electronic signatures for all my contracts and agreements. I like that I can customize forms on the go and access PDFLiner from all my gadgets. No more printing or scanning! That’s just brilliant!
When you’re a student, you deal with PDFs a lot… Newsletters, various worksheets, official forms you need to fill in and sign, etc… To me, filling out a PDF form used to be among the trickiest and most time-consuming things ever. But then a friend of mine introduced me to PDFLiner, and oh my God, my life has changed since then. It’s easy to use and has so many great features. Just awesome, I love it!