For instance, new homeowners are likely paying a lot of interest, which means the Form 1098 can significantly lower their ...

When you file your tax return, you must decide whether to take the standard deduction -- $14,600 for single tax filers, ...

"When you open up your mortgage statement this month, do not throw this form away," Reese ... 1099 for example), the 1098 for the mortgage interest, your property tax bills. She added that she ...

Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a ...

Other forms can help secure tax credits and deductions. If itemized tax breaks exceed the standard deduction, you may need a 1098 for mortgage interest, your annual giving statement or property tax ...

The 2025 tax filing season is underway, and there are several tax benefits that can help homeowners save money this year. Homeowners can deduct costs like mortgag ...

You can find out the total amount of property tax you paid by looking at box 10 (“Other”) of Internal Revenue Service (IRS) Form 1098. Your lender will send this to you by January 31st if you ...

you'll need to track your annual property tax payments. Your real estate taxes might also be listed in Box 10 of Form 1098 from your mortgage lender. Enter your total amount of real estate taxes ...

The taxpayer (or their spouse) was a non-resident alien for any part of the year and did not choose to be treated as a resident alien for tax purposes. Form 1098-T, Tuition Statement ...

Nonprofit organization AARP estimates that more than 9 million people in the U.S. are eligible for some form of ... resource, Property Tax-Aide, to help older adult homeowners find legitimate ...