Authorized IRS 1098 Form Tax E-Filing Application
Effortlessly file your all 1098 tax forms with Tax2efile application. Tax2efile is an IRS Authorized online tax filing platform that offers swift and hassle-free solutions to simplify your tax filing process. By utilizing our application tax filers can access 1098-MORT, 1098-F, 1098-E, 1098-C, 1098-Q, and 1098-T forms. Our system is designed to handle the intricacies associated with these specific forms, ensuring accuracy and compliance with the latest regulations.
1098 Tax Forms: Types and Purpose of Filing
Form 1098-MORT
It is used to report mortgage interest of $600 or more received by the filer during every tax year in the course of trade or business including a sole proprietor. When it comes to filing the 1098-MORT Form, our user-friendly software guides you through the necessary steps, ensuring accuracy and compliance with the latest tax regulations.
Form 1098-T
It is used to report the expenses and tuition of students attending an educational institution. Common filers are education institutions with students enrolled in courses or programs for one or more academic periods during the year. By filing 1098-T Form, Students can potentially benefit from tax credits, deductions, and other educational benefits offered by the government.
Form 1098-F
IRS Form 1098-F is used to report required payments to governmental entities and certain nongovernmental entities to report fines, penalties, and other amounts that may reach a minimum of $600 in a calendar year. Government agencies, including state tax agencies, are required to file Form 1098-F with the IRS to report settlements of lawsuits.
Form 1098-E
Form 1098-E is used to report the amount of interest the taxpayers paid on student loans in a calendar year. Tax2efile online platform provides a streamlined and efficient process to handle your 1098-E form filing requirements.
Form 1098-Q
IRS Form 1098-Q is used to report the purchase of any contract intended to be a Qualifying Longevity Annuity Contract (QLAC) in a calendar year during a tax year. Tax Filers must accurately report the information from the 1098-Q form on your tax return to ensure compliance with tax regulations and to determine the tax implications of the distributions.
Form 1098-C
It is used when a filer donates a qualified vehicle (Motor Vehicle, Boat, or Airplane) to a qualified charitable organization. Form 1098-C is reported by the charitable organization who receives the donation as a vehicle or any other qualified property. By reporting this form both donors and the received charitable organization fulfill their obligations with transparency and accuracy.
Tax2efile will take 24-48 business hours to submit 1098 Forms to IRS if you filed 1098 tax Forms electronically.
Note: Receipts of interest from corporations, partnerships, trusts, estates, associations or companies do not require 1098, according to the IRS.
What you get when you File 1098 with Tax2efile
Electronic Filing
Don’t have time to E-file 1098 Forms? Don’t worry our support team will E-file and submit your forms to the IRS for you with our premium service. You can file Form 1098 securely and quickly with us in minutes.
Printing and Mailing
Each payer (student, participant, donor, etc) must be provided a copy of Form 1098 by January 31st; Tax2efile customers may use our mailing service to have paper copies sent to each payer on time.
Email Confirmation
After filing your 1098 through our website, our customer support team will send you an email containing a PDF copy of your return and a reference number for easier find.
Choose your 1098 Tax Form & Start Filing!
We offer an advanced and highly secured web-based service to facilitate the electronic filing of the IRS 1098 Tax Forms.