Form 1098 reports mortgage interest and property taxes you paid during the year—information the IRS uses to verify deductions on your tax return. Lenders send this form to you and the IRS if you have a mortgage or home equity loan. Understanding what appears on your 1098 and how it connects to your tax filing helps you catch errors and claim deductions you're may have access to to.
The articles here cover what information the form contains, how to use it when filing your return, what to do if your 1098 arrives late or contains mistakes, and how mortgage interest deductions interact with other tax decisions like whether to itemize or take the standard deduction.