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What is Form 1098?

Tax Forms Tax Information
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Jennifer S. - TaxAct Tax AnalystGet familiar with Form 1098

Form 1098 is a reporting form sent to you by banks, schools and other organizations to whom you have made certain during the year.

For example, you receive Form 1098 from your lender to show how much mortgage and property tax you paid during the year.

Organizations also send a copy of Form 1098 to the IRS, so the agency can match amounts.

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