1098 Forms and Seasonal Addresses

1098 Forms and Seasonal Addresses

1098 Forms and Seasonal Addresses 1098 forms for the 2016 tax season require information regarding borrower address compared to collateral address on loans.  Box 7 may be incorrectly checked on the 1098 form if a Seasonal Address is being used.  For example, the...
End of Year Form 1098 changes

End of Year Form 1098 changes

Opportunity to review collateral addresses and descriptions with 2016 changes to the 1098 Forms. The IRS requires that the address or description of the property securing a mortgage is reported on the 1098 forms for 2016.  Fiserv has released a program that creates...