1098 Forms and Seasonal Addresses

1098 Forms and Seasonal Addresses

by | Jan 31, 2017 | In the Press, Peak Points

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

by | Dec 7, 2016 | In the Press, Peak Points

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...