1098 Forms Auto Loan Interest Deduction under OBBBA: What it Means for Lenders & Borrowers The One, Big, Beautiful Bill Act (OBBBA, Public Law 119-21) was signed into law on July 4, 2025. It introduced… Read More September 18, 2025
1098 Forms Understanding Form 1098 Boxes: Reporting Requirements Explained Form 1098 is the Internal Revenue Service’s (IRS) standard Mortgage Interest Statement. It is the official IRS information return that… Read More September 12, 2025
1098 Forms 1098 vs 1099-INT: Filing Rules for Payers Forms 1098 vs 1099-INT both report interests-related financial transactions to the IRS. One reports mortgage interest (1098), and the other… Read More August 28, 2025