Mortgage statements and Form 1098

What the form is

Form 1098 is the mortgage interest statement your lender issues after year end. It reports interest the lender received.

What to gather

• Form 1098 from every lender you paid during the year.
• The closing disclosure or settlement statement if you bought or refinanced during the year.
• Property tax bills or statements showing what you paid.
• Records of any points paid, if shown on your closing paperwork.

Common surprises

• If the loan was sold or transferred, you may receive more than one 1098 for the same year. Collect all of them.
• The closing statement is a separate document from Form 1098. Both are usually needed.

Timing

Lenders generally send these early in the year. If yours has not arrived, check your lender's online account before you contact your preparer.

Sending them

Scan every page and upload through your secure portal. Please do not email mortgage statements, because they list account numbers.