E-file your 1098 Forms with IRS

What is the IRS Form 1098?

• The IRS 1098 tax forms are used to report any payments that were made and deemed to be deductible from your taxable income.

What are the Various 1098 Forms?

IRS 1098-MORT Form

• The IRS 1098-MORT tax form is used to report any received mortgage interests of more than $600 by any individual or business for the given tax year.
• The deadline to file this form is January 31st.

IRS 1098-T Form

• The 1098-T form is used by any eligible educational institution to help report education credits (and potentially, the tuition and any fees deduction) for any qualified tuition and other related expenses that were paid-out during the current tax year.
• Deadline: Schools must send the 1098-T form to the student by January 31st and file a copy with IRS by February 28th.