1098 Form

Business, Legal & Accounting Glossary

Definition: 1098 Form

1098 Form

Full Definition of 1098 Form

Mortgage Interest Statement. This form is used for individual taxpayers to detail the amount of interest and mortgage related expenses that they paid on a mortgage during the year. The mortgage lender is required by the IRS to provide this form to borrowers. These deductions can be used as deductions on a U.S. income tax form.

Cite Term

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Page URL
Modern Language Association (MLA):
1098 Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 04, 2021 https://payrollheaven.com/define/1098-form/.
Chicago Manual of Style (CMS):
1098 Form. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/1098-form/ (accessed: December 04, 2021).
American Psychological Association (APA):
1098 Form. PayrollHeaven.com. Retrieved December 04, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/1098-form/

Definition Sources

Definitions for 1098 Form are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.