Instructions for Form 1098 (Rev. December 2027)

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TREASURY/IRS AND OMB USE ONLY DRAFT

Instructions for Form 1098
(Rev. December 2027)

Mortgage Interest Statement
Section references are to the Internal Revenue Code
unless otherwise noted.

• Penalties.
• Other general topics.

Future Developments

E-filing returns. The Taxpayer First Act of 2019
authorized the Department of the Treasury and the
IRS to issue regulations that reduce the 250-return
e-file threshold. T.D. 9972, published February 23,
2023, lowered the e-file threshold to 10 (calculated
by aggregating all information returns), effective for
information returns required to be filed on or after January
1, 2024. Go to IRS.gov/InfoReturn for e-file options.

For the latest information about developments related
to Form 1098 and its instructions, such as legislation
enacted after they were published, go to IRS.gov/
Form1098.
You can get Pub. 1099, General Instructions for Certain
Information Returns, at IRS.gov/Pub1099.

What’s New

Continuous use revisions. Use the December 2027
revision of Form 1098 and these instructions to file 2027
information with the IRS in early 2028. Also, use them
to furnish the information to the recipient. Continue to
use these revisions for subsequent years until we issue a
superseding revision. Do not use these revisions for prior
years.

Reminders
In addition to these specific instructions, you should use
the current Pub. 1099, General Instructions for Certain
Information Returns. Those general instructions include
information about the following topics.
• Who must file.
• When and where to file.
• Electronic reporting.
• Corrected and void returns.
• Statements to recipients.
• Taxpayer identification numbers (TINs).
• Backup withholding.

Online PDF fillable Copy B. To ease statement
furnishing requirements, Copy B is fillable online in a PDF
format, available at IRS.gov/Form1098. You can complete
this copy online for furnishing statements to recipients and
for retaining in your own files.

Specific Instructions

Use Form 1098, Mortgage Interest Statement, to report
mortgage interest (including points, defined later) of $600
or more you received during the year in the course of
your trade or business from an individual, including a sole
proprietor. Report only interest on a mortgage, defined
later.
File a separate Form 1098 for each mortgage. The
$600 threshold applies separately to each mortgage, so
you are not required to file Form 1098 for a mortgage on
which you have received less than $600 in interest, even
if an individual paid you over $600 in total on multiple
mortgages. You may file Form 1098 to report mortgage
interest of less than $600, but if you do, you are subject to
the rules in these instructions.

Obligation Classification Table
IF an obligation is...

THEN...

incurred after 1987

it is a mortgage if real property that is located inside or outside the United States
secures all or part of the obligation.1

incurred after 1984 but before 1988

it is a mortgage only if secured primarily by real property.

in existence on December 31, 1984

it is not a mortgage if, at the time the obligation was incurred, the interest recipient
reasonably classified the obligation as other than a mortgage, real property loan, real
estate loan, or other similar type of obligation.2

1

This applies even though the interest recipient classifies the obligation as other than a mortgage, for example, as a commercial loan.

For example, if an obligation incurred in 1983 was secured by real property, but the interest recipient reasonably classified the obligation as a commercial loan
because the proceeds were used to finance the borrower’s business, the obligation is not considered a mortgage and reporting is not required. However, it is not
reasonable to classify those obligations as other than mortgages for reporting purposes if over half the obligations in a class established by the interest recipient are
primarily secured by real property.
2

Aug 20, 2026

Instructions for Form 1098 (Rev. 12-2027) Catalog Number 27977Q
Department of the Treasury Internal Revenue Service www.irs.gov

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Address fields. For the Recipient’s, Lender’s, Payer’s
and Borrower’s information, we separated the address
fields into individual entry boxes.

Information Returns Intake System (IRIS). The IRS
has developed IRIS, an online portal for e-filing
information returns. Go to IRS.gov/IRIS for more
information.

TREASURY/IRS AND OMB USE ONLY DRAFT
If an overpayment of interest on an adjustable rate
mortgage or other mortgage was made in a prior year
and you refund (or credit) that overpayment, you may have
to file Form 1098 to report the refund (or credit) of the
overpayment. See Reimbursement of Overpaid Interest,
later.
Also, use Form 1098 to report mortgage insurance
premiums (MIP) of $600 or more you received during the
calendar year in the course of your trade or business
from an individual, including a sole proprietor and a
single member limited liability company (LLC) treated as
an individual/sole proprietor, but only if the premiums
were paid or accrued on mortgage insurance contracts
issued after January 1, 2007, for qualified mortgage
insurance by a taxpayer during the tax year in connection
with acquisition indebtedness with respect to a qualified
residence of the taxpayer. See section 163(h)(3)(E). Also
see the instructions for box 5, later.

Mortgage Defined

A mortgage is any obligation secured by real property.
Use the Obligation Classification Table to determine which
obligations are mortgages.
Real property is land and generally anything built on
it, growing on it, or attached to the land. Among other
things, real property includes a manufactured home with a
minimum living space of 400 square feet and a minimum
width of more than 102 inches and which is of a kind
customarily used at a fixed location. See section 25(e)
(10).
If the loan is not secured by any real property, you are
not required to file Form 1098. However, the borrower may
be entitled to a deduction for qualified residence interest,
such as in the case of a loan for a boat. The boat must
have sleeping space, cooking facilities, and toilet facilities.
The borrower must use the boat as a home.
Lines of credit and credit card obligations. Interest
(other than points) received on any mortgage that is in
the form of a line of credit or credit card obligation is
reportable regardless of how you classified the obligation.
A borrower incurs a line of credit or credit card obligation
when the borrower first has the right to borrow against the
line of credit or credit card, whether or not the borrower
actually borrows an amount at that time.

Who Must File

File this form if you are engaged in a trade or business
and, in the course of such trade or business, you receive
from an individual $600 or more of mortgage interest
(or $600 or more of MIP, if the premiums were paid or
accrued on mortgage insurance contracts issued after
January 1, 2007, for qualified mortgage insurance by a
taxpayer during the tax year in connection with acquisition
indebtedness with respect to a qualified residence of

2

For information about who must file to report points, see
Who must report points, later.
Not in the lending business. If you receive mortgage
interest of $600 or more in the course of your trade or
business, you are subject to the requirement to file Form
1098, even if you are not in the business of lending money.
For example, if you are a real estate developer and you
provide financing to an individual to buy a home in your
subdivision, and that home is security for the financing,
you are subject to this reporting requirement. However, if
you are a physician not engaged in any other business
and you lend money to an individual to buy your home,
you are not subject to this reporting requirement because
you did not receive the interest in the course of your trade
or business as a physician.
Governmental unit. A governmental unit (or any
subsidiary agency) receiving mortgage interest from an
individual of $600 or more must file this form.
Cooperative housing corporation. A cooperative
housing corporation is an interest recipient and must
file Form 1098 to report an amount received from
its tenant-stockholders that represents the tenantstockholders’ proportionate share of interest incurred:
1. In the acquisition, construction, alteration,
rehabilitation, or maintenance of the houses or apartment
building, or
2. In the acquisition of the land on which the houses
(or apartment building) are situated.
See section 216(a)(2). This rule applies only to
tenant-stockholders who are individuals and from whom
the cooperative has received at least $600 of interest
during the year. See Tip under box 1, later.
Collection agents. Generally, if you receive reportable
interest payments (other than points) on behalf of
someone else and you are the first person to receive the
interest, such as a servicing bank collecting payments
for a lender, you must file this form. Enter your
name, address, taxpayer identification number (TIN), and
telephone number in the recipient entity area. You must
file this form even though you do not include the interest
received in your income but you merely transfer it to
another person. If you wish, you may enter the name of
the person for whom you collected the interest in box 10.
The person for whom you collected the interest does not
need to file Form 1098.
However, there is an exception to this rule for any
period that (a) the first person to receive or collect the
interest does not have the information needed to report
on Form 1098, and (b) the person for whom the interest
is received or collected would receive the interest in its
trade or business if the interest were paid directly to such
Instructions for Form 1098 (Rev. 12-2027)

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Exceptions

You do not need to file Form 1098 for interest received
from a corporation, partnership, trust, estate, association,
or company (other than a sole proprietor) even if
an individual is a co-borrower and all the trustees,
beneficiaries, partners, members, or shareholders of the
payer of record are individuals.

the taxpayer applies for the reporting year) on any one
mortgage during the calendar year. See section 163(h)(3)
(E). Also, see the instructions for box 5, later, for MIP
reporting requirements. You are not required to file this
form if the interest is not received in the course of your
trade or business. For example, you hold the mortgage
on your former personal residence. The buyer makes
mortgage payments to you. You are not required to file
Form 1098.

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person. If (a) and (b) apply, the person on whose behalf
the interest is received or collected is required to report
on Form 1098. If interest is received or collected on behalf
of another person other than an individual, such person is
presumed to receive the interest in a trade or business.

Designation agreement. An interest recipient, including
a recipient of points, can designate a qualified person to
file Form 1098 and to provide a statement to the payer of
record.
A qualified person is either (a) a trade or business
in which the interest recipient is under common control,
as specified in Regulations section 1.414(c)-2, or (b) a
designee, named by the lender of record or by a qualified
person, who either was involved in the original loan
transaction or is a subsequent purchaser of the loan.
A lender of record is the person who, at the time
the loan is made, is named as the lender on the loan
documents and whose right to receive payment from
the payer of record is secured by the payer of record’s
principal residence. Even if the lender of record intends to
sell or otherwise transfer the loan to a third party after the
close of the transaction, such intention does not change
who is the lender of record.
The agreement must be in writing, identify the
mortgage(s) and calendar years for which the qualified
person must report, and be signed by the designator and
the designee. A designee may report points on Form 1098
(as having been paid directly by the payer of record) only
if the designation agreement contains the designator’s
representation that it did not lend such amount to the
payer of record as part of the overall transaction. The
agreement does not need to be filed with the IRS, but the
designator must keep a copy of it for 4 years after the
close of the year in which the loan is made.
A designated qualified person is subject to any
applicable penalties as if it were the interest recipient.
Thus, a designator is relieved from liability for any
applicable penalties.

Nonresident Alien Interest Payer

You must file Form 1098 to report interest paid by a
nonresident alien only if all or part of the security for the
mortgage is real property located in the United States.
Report the interest based on the following.

• If the interest is paid within the United States, you

must request from the payer the applicable Form W-8
(withholding certificate) as described in Regulations
section 1.1441-1(e)(1).
Instructions for Form 1098 (Rev. 12-2027)

Payer of Record

The payer of record is the individual carried on your books
and records as the principal borrower. If your books and
records do not indicate which borrower is the principal
borrower, you must designate one.
If you permit a subsequent purchaser of the property to
assume the loan without releasing the first purchaser from
personal liability, the subsequent purchaser is the payer of
record. Such subsequent purchaser’s name, address, and
TIN must appear on Form 1098.
Multiple borrowers. Even though there may be more
than one borrower on the mortgage, you are required to
prepare Form 1098 only for the payer of record, and only
if such payer of record is an individual, showing the total
interest received on the mortgage. Even if an individual is
a co-borrower, no Form 1098 is required unless the payer
of record is also an individual.

Payments by Third Party

Report all interest received on the mortgage as received
from the borrower, except as explained under Seller
Payments, later. For example, if the borrower’s mother
makes payments on the mortgage, the interest received
from the mother is reportable on Form 1098 as received
from the borrower.

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Foreign interest recipient. If you are not a U.S. person,
you must file Form 1098 if the interest is received in the
United States. A U.S. person is a citizen or resident of
the United States, a domestic partnership or corporation,
or a nonforeign estate or trust. If the interest is received
outside the United States, you must file Form 1098 if (a)
you are a controlled foreign corporation, or (b) at least
50% of your gross income from all sources for the 3-year
period ending with the close of the tax year preceding
the receipt of interest (or for such part of the period as
you were in existence) was effectively connected with the
conduct of a trade or business in the United States.

• If the interest is paid outside the United States,
you must satisfy the documentary evidence standard
described in Regulations section 1.6049-5(a).

However, do not report mortgage interest received from
any governmental unit (or any subsidiary agency). For
example, do not report any interest received as housing
assistance payments from the Department of Housing and
Urban Development (HUD) on mortgages insured under
section 235 of the National Housing Act.

Seller Payments

Do not report in box 1 of Form 1098 any interest paid by
a seller on a purchaser’s/borrower’s mortgage, such as
on a “buy-down” mortgage. For example, if a real estate
developer deposits an amount in escrow and tells you
to draw on that escrow account to pay interest on the
borrower’s mortgage, do not report in box 1 the interest
received from that escrow account. Also, do not report in
box 1 any lump sum paid by a real estate developer to pay
interest on a purchaser’s/borrower’s mortgage. However,
if you wish, you may use box 10 to report to the payer of
record any interest paid by the seller. See Points next, for
information about reporting seller-paid points in box 6.

Points

You must report certain points paid for the purchase of the
payer of record’s principal residence on Form 1098. You
must report points if the points, plus other interest on the
mortgage, are $600 or more. For example, if a borrower
pays points of $300 and other mortgage interest of $300,
the lender has received $600 of mortgage interest and
must file Form 1098.
Report the total points on Form 1098 for the calendar
year of closing regardless of the accounting method used
to report points for federal income tax purposes.
3

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Reportable points. Report on Form 1098 points that
meet all the following conditions.
1. They are clearly designated on the Settlement
Statement (Form HUD-1) or HUD Closing Disclosure
as points; for example, “loan origination fee” (including
amounts for VA and FHA loans), “loan discount,” “discount
points,” or “points.”
2. They are computed as a percentage of the stated
principal loan amount.
3. They are charged under an established business
practice of charging points in the area where the loan was
issued and do not exceed the amount generally charged
in that area.
4. They are paid for the acquisition of the payer of
record’s principal residence, and the loan is secured by
that residence. You may rely on a signed written statement
from the payer of record that states that the proceeds
of the loan are for the purchase of the payer of record’s
principal residence.
5. They are paid directly by the payer of record. Points
are paid directly if either (a) or (b) below applies.
a. The payer of record provides funds that were not
borrowed from the lender of record for this purpose as
part of the overall transaction. The funds may include
down payments, escrow deposits, earnest money applied
at closing, and other funds actually paid over by the payer
of record at or before closing.
b. The seller pays points on behalf of the payer of
record. Points paid by the seller to the interest recipient
on behalf of the payer of record are treated as paid to
the payer of record and then paid directly by the payer of
record to the interest recipient.
Report points paid under items 5a and 5b on the payer
of record’s Form 1098 in box 6.
Exceptions. Do not report as points on Form 1098
amounts paid:
• For loans to improve a principal residence;
• For loans to purchase or improve a residence that is
not the payer of record’s principal residence, such as a
second home, vacation, investment, or trade or business
property, even though the borrower may be entitled to
amortize points paid for the purchase of a second home,
vacation home, etc., and deduct them over the life of the
loan;
• For a home equity or line of credit loan, even if secured
by the principal residence;
4

• For refinancing (see Construction loans, later),
including a loan to refinance a debt owed by the borrower
under a land contract, a contract for deed, or similar forms
of seller financing;
• In lieu of items ordinarily stated separately on the Form
HUD-1, such as appraisal fees, inspection fees, title fees,
attorney fees, and property taxes; and
• To acquire a principal residence to the extent the points
are allocable to an amount of principal in excess of the
amount treated as acquisition indebtedness. Generally,
the amount treated as acquisition indebtedness cannot
exceed $750,000.

Construction loans. Amounts paid on a loan to
construct a residence (construction loan) or to refinance
a loan incurred to construct a residence are reportable on
Form 1098 as points if they:
• Are clearly designated on the loan documents as
points incurred in connection with the loan, such as loan
origination fees, loan discount, discount points, or points;
• Are computed as a percentage of the stated principal
loan amount;
• Conform to an established business practice of
charging points in the area where the loan is issued and
do not exceed the amount generally charged in the area;
• Are paid in connection with a loan incurred by the
payer of record to construct (or refinance construction of)
a residence that is to be used, when completed, as the
principal residence of the payer of record;
• Are paid directly by the payer of record; and
• Are not allocable to an amount of principal in excess of
$750,000.
Amounts paid to refinance a loan to construct a
residence are not points to the extent they are allocable
to debt that exceeds the debt incurred to construct the
residence.

Prepaid Interest

Report prepaid interest (other than points) only in the year
in which it properly accrues.
Example. Interest received on December 20, of the
current year, that accrues by December 31, of the current
year, but is not due until January 31, of the following year,
is reportable on the current year Form 1098.
Exception. Interest received during the current year that
will properly accrue in full by January 15 of the following
year may be considered received in the current year, at
your option, and is reportable on Form 1098 for the current
year. However, if any part of an interest payment accrues
after January 15, then only the amount that properly
accrues by December 31 of the current year is reportable
on Form 1098 for the current year. For example, if you
receive a payment of interest that accrues for the period
December 20 through January 20, you cannot report any
of the interest that accrues after December 31 for the
current year. You must report the interest that accrues
after December 31 on Form 1098 for the following year.

Prepaid Mortgage Insurance

Except for amounts paid to the Department of Veterans
Affairs or the Rural Housing Service, payments allocable
to periods after 2007 are treated as paid in the periods to
which they are allocable.
Instructions for Form 1098 (Rev. 12-2027)

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Who must report points. The lender of record or a
qualified person must file Form 1098 to report all points
paid by the payer of record in connection with the
purchase of the principal residence. If a designation
agreement is in effect for a mortgage, only the person
designated in the agreement must file Form 1098 to report
all points on that mortgage. See Designation agreement,
earlier.
Amounts received directly or indirectly by a mortgage
broker are treated as points to the same extent they would
be treated as points if paid to and retained by the lender of
record. The lender of record must report those points paid
to a mortgage broker.

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The Department of the Treasury has issued regulations
for allocating prepaid qualified mortgage insurance
premiums. Regulations section 1.163-11 applies to
prepaid qualified mortgage insurance premiums paid
or accrued on or after January 1, 2011, provided by
the Federal Housing Administration or private mortgage
insurers. For regulations applicable before January 1,
2011, see Regulations section 1.163-11T.

Reimbursement of Overpaid Interest

The reimbursement must be reported on Form 1098 for
the year in which the reimbursement is made. No change
should be made to the prior year Form 1098 because of
this reimbursement. Report the total reimbursement even
if it is for overpayments made in more than 1 year.
To be reportable, the reimbursement must be a refund
or credit of mortgage interest received in a prior year
that was required to be reported for that prior year by
any interest recipient on Form 1098. Only the person
who makes the reimbursement is required to report it on
Form 1098. For example, if you bought a mortgage on
which interest was overpaid in a prior year, you made a
reimbursement of the overpaid interest, and the previous
mortgage holder was required to report mortgage interest
on Form 1098 in the prior year, you must file Form 1098
to report the reimbursement because you are the one
making the reimbursement.
Example. In the previous year, you received $5,000 of
mortgage interest from the payer/borrower and reported
that amount on Form 1098 for the previous year. In the
current year, you determined that interest due on the
mortgage for the previous year was $4,500, and the
payer/borrower had overpaid $500. You refunded the $500
overpayment to the payer/borrower in the current year. If
you received $600 or more of interest on the mortgage
from the payer/borrower in the current year, you must
report the $500 refund in box 4 of the current year Form
1098. No change to the previous year Form 1098 is
required. If, instead of refunding the $500 overpayment,
you credited the payer’s/borrower’s current year mortgage
interest payments due, $500 is still shown in box 4,
and the interest received from the payer/borrower in the
current year shown in box 1 must include the $500 credit.
Overpayment and reimbursement in same year. If you
reimburse interest in the same year it is overpaid, do not
report the overpayment on Form 1098 as interest received
during the year or as a reimbursement of overpaid
interest. For example, if the borrower paid $5,000 and you
reimbursed $500 of that amount in the current year, enter
Instructions for Form 1098 (Rev. 12-2027)

Interest on reimbursement. A financial institution (or
its middleman) that pays interest of $10 or more on the
reimbursement must report that interest (under section
6049) on Form 1099-INT, Interest Income. Others that pay
$600 or more of such interest in the course of their trade
or business must report that interest (under section 6041)
on Form 1099-INT. Do not include such interest on Form
1098.

Statements to Payers of Record

If you are required to file Form 1098, you must provide
a statement to the payer of record. For more information
about the requirement to furnish a statement to the payer
of record, see part M in Pub. 1099.
Truncating payer’s/borrower’s TIN on payee state­
ments. Pursuant to Regulations section 301.6109-4, all
filers of this form may truncate a payee’s TIN (social
security number (SSN), individual taxpayer identification
number (ITIN), adoption taxpayer identification number
(ATIN), or employer identification number (EIN)) on payee
statements. Truncation is not allowed on any documents
the filer files with the IRS. A recipient’s/lender’s TIN may
not be truncated on any form. See part J in Pub. 1099.

Name, Address, and Telephone Number

In the Recipient’s/Lender’s boxes, enter the name,
address, and telephone number of the filer of Form 1098.
Use this same name and address on Form 1096. In the
Payer’s/Borrower’s boxes, enter the name and address of
the person who paid the interest (payer of record).

For Calendar Year

Enter the 4-digit calendar year in the “For calendar year”
entry space for the calendar year this form is being filed.

Country

For a list of country codes, go to IRS.gov/CountryCodes.

Account Number

The account number is required if you have multiple
accounts for a payer/borrower for whom you are
filing more than one Form 1098. Additionally, the IRS
encourages you to designate an account number for all
Forms 1098 that you file. See part L in Pub. 1099.

Box 1. Mortgage Interest Received From
Payer(s)/Borrower(s)

Enter the interest (not including points) received on
the mortgage from borrowers during the calendar year.
Include interest on a mortgage, a home equity loan,
or a line of credit or credit card loan secured by real
property. Do not include government subsidy payments,
seller payments, or prepaid interest that does not meet
the exception explained under Prepaid Interest, earlier.
Interest includes prepayment penalties and late charges
unless the late charges are for a specific mortgage
service.
Tip: A cooperative housing corporation that receives any
cash part of a patronage dividend from the National
5

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You are required to report reimbursements of overpaid
interest aggregating $600 or more to a payer of record on
Form 1098. You are not required to report reimbursements
of overpaid interest aggregating less than $600 unless you
are otherwise required to file Form 1098. That is, if you
did not receive at least $600 of mortgage interest during
the year of reimbursement from the person to whom you
made the reimbursement, you are not required to file Form
1098 merely to report a reimbursement of less than $600.
However, you may report any reimbursement of overpaid
interest that you are not otherwise required to report, but if
you do, you are subject to the rules in these instructions.

$4,500 in box 1 as interest paid by the borrower. Do not
enter the $500 reimbursement in box 4.

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Consumer Cooperative Bank must reduce the interest to
be reported on each tenant-stockholder’s Form 1098 by a
proportionate amount of the cash payment in the year the
cooperative receives the cash payment. See Rev. Proc.
94-40, 1994-1 C.B. 711.

Box 2. Outstanding Mortgage Principal

Enter the amount of outstanding principal on the mortgage
as of January 1, of the current year. If you originated
the mortgage in the current year, enter the mortgage
principal as of the date of origination. If you acquired
the mortgage in the current year, enter the outstanding
mortgage principal as of the date of acquisition.

Box 3. Mortgage Origination Date

Enter the date of the origination of the mortgage. If
you acquired this mortgage, do not enter the date
of acquisition (see Box 11, later). Enter the date the
mortgage originated with the original lender.

Box 4. Refund of Overpaid Interest

Box 5. Mortgage Insurance Premiums

Enter the total premiums of $600 or more paid (received)
for the tax year being reported, including prepaid
premiums, for qualified mortgage insurance. Qualified
mortgage insurance is mortgage insurance under a
contract issued after December 31, 2006, and provided
by the Department of Veterans Affairs, the Federal
Housing Administration, or the Rural Housing Service
(or their successor organizations), and private mortgage
insurance, as defined by section 2 of the Homeowners
Protection Act of 1998 (as in effect on December 20,
2006).
Receipt of $600 or more of MIP is determined on
a mortgage-by-mortgage basis. Do not aggregate MIP
received on all of the mortgages of an individual to
determine whether the $600 threshold is met. You do
not need to report MIP of less than $600 received on
a mortgage, even though you receive a total of $600 or
more of MIP on all of the mortgages for an individual in a
calendar year.
See Prepaid Mortgage Insurance, earlier, for the tax
treatment of prepaid MIP.

Box 6. Points Paid on Purchase of Principal
Residence

Enter points paid on the purchase of the payer of record’s
principal residence. For an explanation of reportable
points, see Reportable points, earlier.

Box 7. Address of Property Securing Mortgage

If the address of the property securing the mortgage is
the same as the payer’s/borrower’s mailing address, either
check the box or leave the box blank and complete box 8.
If the address or description of the property securing
the mortgage is not the same as the payer’s/borrower’s
mailing address, complete box 8.
6

If the address of the property securing the mortgage is
not the same as the payer’s/borrower’s mailing address,
or you did not complete box 7, enter the street address
(including the apartment number) of the property securing
the mortgage. Immediately below the street address, enter
the city or town; state or province; country; and ZIP or
foreign postal code of the property securing the mortgage.
If the property securing the mortgage has no address,
enter the property’s jurisdiction and the property’s
Assessor Parcel Number(s) (APN), as indicated in the
examples below. Synonyms for the APN include the
Assessor’s Identification Number (AIN), the Property
Identification Number (PIN), the Property Account
Number, and the Tax Account Number. Examples:
Washtenaw County, MI
VV-WW-XX-YYY-ZZZ
Jackson County, MO
AA-BBB-CC-DD-EE-F-GG-HHH
Nashua, NH
XX-YY
If an APN or other such identifying number needed to
complete box 8 is not readily available for the property
(having no address) securing the mortgage, enter a
description of the property, using metes and bounds if
available, or other descriptive language to properly identify
the property. You may abbreviate as necessary.
Caution: The following statement applies to boxes 7
and 8. If there is more than one property securing the
mortgage, you may report the address of any one of the
properties using boxes 7 and 8 and enter in box 9 the total
number of properties securing the mortgage.

Box 9. Number of Mortgaged Properties

If there is more than one property securing the mortgage,
enter in box 9 the total number of properties secured by
this mortgage. If only one property secures the mortgage,
you may leave this box blank. For purposes of determining
the number of properties, you may consider any single
physical street address, 911 address, lot, parcel, APN, or
tract of land to be one property.

Box 10. Other

Enter any other item you choose to report to the payer.
Items may include:
• insurance or real estate taxes paid to the taxing
authority from escrow during the year, or
• if you are a collection agent, the name of the person for
whom you collected the interest.

Box 11. Mortgage Acquisition Date

If you acquired the mortgage in the calendar year, enter
the date of acquisition. Otherwise, leave this box blank.

Instructions for Form 1098 (Rev. 12-2027)

DRAFT

DRAFT

Enter the total refund or credit of a prior year(s)
overpayment of interest. See Reimbursement of Overpaid
Interest, earlier.

Box 8. Address or Description of Property
Securing Mortgage