Attention:

Do not download, print, and file Copy A with the IRS.

Copy A appears in red, similar to the official IRS form,
but is for informational purposes only. A penalty of $50 per information return may be imposed for filing copies of forms that cannot be scanned.

You may order these forms online at Forms and Publications By U.S. Mail or by calling 1-800-TAX-FORM (1-800-829-3676).

See IRS Publications 1141, 1167, 1179, and other IRS resources for information about printing these tax forms.

8181

VOID

CORRECTED

RECIPIENT’S/LENDER’S name, address, and telephone number

OMB No. 1545-0901

006

Form 1098

Mortgage

Interest

Statement

RECIPIENT’S federal identification no.

PAYER’S social security number

1 Mortgage interest received from payer(s)/borrower(s)

File with Form 1096.

Copy A

$

For

Internal Revenue

Service Center

For Privacy Act

and Paperwork

Reduction Act

	

4

Notice, see the

2006 General

Instructions for

Forms 1099, 1098, 5498, and W-2G.

Form 1098

Cat. No. 14402K

Department of the Treasury - Internal Revenue Service

Do Not Cut or Separate Forms on This Page — Do Not Cut or Separate Forms on This Page

PAYER’S/BORROWER’S name

Street address (including apt. no.)

City, state, and ZIP code

Account number (see instructions)

□
□

	2	Points paid on purchase of principal residence
$	
	3Refund of overpaid interest		
	$		

CORRECTED (if checked)

RECIPIENT’S/LENDER’S name, address, and telephone number

* Caution: The amount shown may not be fully deductible by you. Limits based on the loan amount and the cost and value of the secured property may apply. Also, you may only deduct interest to the extent it was incurred by you, actually paid by you, and not reimbursed by another person.

OMB No. 1545-0901

006

Form 1098

Mortgage

Interest

Statement

RECIPIENT’S federal identification no.

PAYER’S social security number

1 Mortgage interest received from payer(s)/borrower(s)*

Copy B

$

For Payer

PAYER’S/BORROWER’S name

Street address (including apt. no.)

City, state, and ZIP code

The information in boxes 1,

2, and 3 is important tax

information and is being

furnished to the Internal

Revenue Service. If you are required to file a return, a negligence penalty or other

sanction may be imposed

on you if the IRS

determines that an

underpayment of tax results because you overstated a deduction for this mortgage

Account number (see instructions)

interest or for these points

or because you did not

report this refund of interest

on your return.

Form 1 098

(keep for your records)

Department of the Treasury - Internal Revenue Service

4

□

2	Points paid on purchase of principal residence
$	
3	Refund of overpaid interest		
$		

Instructions for Payer/Borrower

A person (including a financial institution, a governmental unit, and a cooperative housing corporation) who is engaged in a trade or business and, in the course of such trade or business, received from you at least $600 of mortgage interest (including certain points) on any one

amounts are deductible by you only in certain circumstances. Caution: If you prepaid interest in 2006 that accrued in full by January 15, 2007, this prepaid interest may be included in box 1. However, you cannot deduct the prepaid amount in 2006 even though it may be included in box 1. If you hold a mortgage credit certificate and can claim the mortgage interest credit, see Form 8396, Mortgage Interest Credit. If the interest was paid on a mortgage, home equity, line of credit, or credit card loan secured by your personal residence, you may be subject to a deduction limitation.

mortgage in the calendar year must furnish this statement to you.

If you received this statement as the payer of record on a mortgage
on which there are other borrowers, furnish each of the other borrowers
with information about the proper distribution of amounts reported on
this form. Each borrower is entitled to deduct only the amount he or
she paid and points paid by the seller that represent his or her share of
the amount allowable as a deduction for mortgage interest and points.
Each borrower may have to include in income a share of any amount

Box 2. Not all points are reportable to you. Box 2 shows points you or the seller paid this year for the purchase of your principal residence that are required to be reported to you. Generally, these points are fully deductible in the year paid, but you must subtract seller-paid points from the basis of your residence. Other points not reported in this box may also be deductible. See Pub. 936 or Schedule A (Form 1040) instructions.

reported in box 3.

If your mortgage payments were subsidized by a government

agency, you may not be able to deduct the amount of the subsidy. See the instructions for Form 1040, Schedule A, C, or E for how to report the mortgage interest. Also, for more information, see Pub. 936, Home Mortgage Interest Deduction, and Pub. 535, Business Expenses.
Account number. May show an account or other unique number the lender has assigned to distinguish your account.

Box 3. Do not deduct this amount. It is a refund (or credit) for overpayment(s) of interest you made in a prior year or years. If you itemized deductions in the year(s) you paid the interest, you may have to include part or all of the box 3 amount on the “Other income” line of your 2006 Form 1040. No adjustment to your prior year(s) tax return(s) is necessary. For more information, see Pub. 936 and “Recoveries” in Pub. 525, Taxable and Nontaxable Income.

Box 1. Shows the mortgage interest received by the interest recipient during the year. This amount includes interest on any obligation secured by real property, including a home equity, line of credit, or credit card loan. This amount does not include points, government subsidy payments, or seller payments on a “buy-down” mortgage. Such

Box 4. The interest recipient may use this box to give you other information, such as the address of the property that secures the debt, real estate taxes, or insurance paid from escrow.

VOID

CORRECTED

RECIPIENT’S/LENDER’S name, address, and telephone number

OMB No. 1545-0901

006

Form 1098

Mortgage

Interest

Statement

RECIPIENT’S federal identification no.

PAYER’S social security number

1 Mortgage interest received from payer(s)/borrower(s)

Copy C

$

For Recipient

Street address (including apt. no.)

City, state, and ZIP code

PAYER’S/BORROWER’S name

For Privacy Act

and Paperwork

Reduction Act

Notice, see the

2006 General

Instructions for

Forms 1099,

Account number (see instructions)

1098, 5498,

and W-2G.

Form 1 098

Department of the Treasury - Internal Revenue Service

4

□
□

2	Points paid on purchase of principal residence
$	
3	Refund of overpaid interest		
$		

Instructions for Recipients/Lenders

General and specific form instructions are provided as separate products. The products you should use to complete Form 1098 are the 2006 General Instructions for Forms 1099, 1098, 5498, and W-2G and the 2006 Instructions for Form 1098. A chart in the general instructions gives a quick guide to which form must be filed to report a particular payment. To order these instructions and additional forms, call 1-800-TAX-FORM (1 -800-829-3676).

Due dates. Furnish Copy B of this form to the recipient by January 31, 2007.

File Copy A of this form with the IRS by February 28, 2007. If you file electronically, the due date is April 2, 2007. To file electronically, you must have software that generates a file according to the specifications in Pub. 1220, Specifications for Filing Forms 1098, 1099, 5498, and W-2G Electronically or Magnetically. IRS does not provide a fill-in form option.

Caution: Because paper forms are scanned during processing, you cannot file Forms 1096, 1098, 1099, or 5498 that you download and print from the IRS website.

Printed on recycled paper