Skip to main content
March 6, 2025
Question

Will Box 5. amount reported in form1098 qualify to be treated as deductible mortgage interest and should be added as an additional property tax on main home field?

  • March 6, 2025
  • 1 reply
  • 0 views
Can it reduce the federal due amount?

    1 reply

    DoninGA
    March 6, 2025

    Box 5 on a Form 1098 is for Mortgage Insurance Premiums which are not reported on a tax return.