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IRS Form

Mortgage Interest Statement

File 1098 Online

E-file 1098 for mortgage interest of $600 or more received from a borrower on a single mortgage during the 2026 tax year. TaxFormHero offers bulk import from Excel, secure IRS transmission, and a filing deadline of March 31, 2027. E-filing starts from $1.99 a form with no signup fee or ongoing subscription requirements.

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E-File Deadline
March 31, 2027
Reporting Threshold
$600 or more
Who Files
Lenders & others receiving mortgage interest in business

How to File Form 1098: Step by Step

File your Form 1098 mortgage interest statements with the IRS in about 10 minutes on TaxFormHero. No software to install, no subscription.

  • 1
    Create your free account

    Sign up at TaxFormHero — there is no signup fee and no subscription. You only pay when you transmit a form. Existing users can log in and go straight to the dashboard.

  • 2
    Add your payer (lender) details

    Enter the lender's legal name, EIN, address, and phone number exactly as they appear on IRS records. Saved payers are reusable across tax years.

  • 3
    Add your recipients (borrowers)

    Add borrowers one at a time, or bulk import your whole loan portfolio using our Excel/CSV template. You need each borrower's legal name, TIN, and address, plus the property address or description securing the mortgage.

    Tip: run TIN Matching ($0.49/check) across your borrower file before you transmit. A name/TIN mismatch triggers IRS B-notices and penalty exposure. Note that TaxFormHero calls the borrower the recipient, while the printed IRS form labels the borrower PAYER/BORROWER and the lender RECIPIENT/LENDER.
  • 4
    Enter the mortgage details

    Report Box 1 mortgage interest received from the borrower, Box 2 the outstanding mortgage principal — as of January 1, 2026, or as of the origination date if you originated the mortgage during 2026, or as of the acquisition date if you acquired it during 2026, rather than a year-end balance — Box 3 mortgage origination date, Box 4 refund of overpaid interest, Box 5 mortgage insurance premiums received, where applicable, and Box 6 points paid on the purchase of the borrower's principal residence when the IRS reporting requirements for that box are met.

    Box 7 indicates whether the property securing the mortgage is the borrower's address, Box 8 holds the property address or description, Box 9 the number of properties securing the mortgage, Box 10 anything else you want to report to the borrower, such as real estate taxes or insurance paid from escrow, and Box 11 the mortgage acquisition date.

  • 5
    Review, validate, and choose add-ons

    Built-in validation flags missing TINs, incomplete property descriptions, and formatting errors before submission. Preview the borrower copy, then add Print & Mail or E-Delivery if you want us to distribute copies.

    Box 5: reporting a mortgage insurance premium on Form 1098 does not by itself decide whether the borrower may deduct it. That is a question for the borrower's own return.
  • 6
    Transmit to the IRS and track status

    As an IRS-authorized e-filing platform, we transmit your forms directly to the IRS. Acceptance status updates within 24 hours, and Form 1096 is not required when you e-file — the filing information goes to the IRS electronically, so there is no paper transmittal to prepare. Filing data and PDF copies stay available for 4 years.

    Deadlines: borrower copies are due February 1, 2027 and the IRS e-file deadline is March 31, 2027. Filers of 10 or more information returns in aggregate must file electronically.
Start Filing 1098

What is Form 1098?

Form 1098 reports mortgage interest of $600 or more, including certain points, that you received during the year in the course of your trade or business. IRS exceptions and special rules can apply, so the obligation is not triggered simply by holding a mortgage.

It applies to mortgage interest received from an individual, including sole proprietors. Interest received from a corporation, partnership, trust or estate is not reportable on this form.

This form helps borrowers report their mortgage interest on their tax returns.

One terminology note, because TaxFormHero and the printed form use opposite words. To let one lender file for many borrowers, TaxFormHero treats the lender as the Payer (Lender) account and each borrower as a Recipient (Borrower) record. On the official IRS Form 1098 the printed labels run the other way: the lender appears as RECIPIENT/LENDER and the borrower as PAYER/BORROWER. We place your data in the correct IRS fields either way.

Who needs to file Form 1098?

  • Any person engaged in a trade or business who receives reportable mortgage interest files Form 1098. That is wider than banks and mortgage companies: a seller carrying back financing, or any business that receives mortgage interest in the course of its trade or business, can have the obligation.
  • If you received mortgage interest payments of $600 or more from an individual in the course of your trade or business, you must issue Form 1098 to the borrower.
  • Each mortgage generates a separate Form 1098; the $600 threshold applies separately to each mortgage.

1098 Pricing

$1.99 per 1098 form No signup fee · No subscription · Volume pricing down to $0.45

Volume pricing — each band charged at its own rate

Volume band Charged at Price per form
First 150 forms 1–150 $1.99
Next 350 forms 151–500 $0.99
Next 500 forms 501–1,000 $0.60
Beyond 1,000 every form after $0.45

What 1,500 1098 forms actually costs

First 150 forms at $1.99 $298.50
Next 350 forms at $0.99 $346.50
Next 500 forms at $0.60 $300.00
Final 500 forms at $0.45 $225.00
Total — an average of $0.78 per form $1,170.00

Optional add-ons

State Filing $0.99 / form

Direct filing for 41+ states. CFSF states are always free.

Print & Mail $1.69 / form

USPS first-class recipient copies from a SOC 2 audited facility.

E-Delivery $0.19 / form

Encrypted PDF copies emailed to your recipients.

TIN Matching $0.49 / check

Validate name/TIN pairs before filing to avoid penalties.

Included at no extra cost

  • Direct IRS e-filing — no Form 1096 needed, it is a paper transmittal
  • Free recipient PDF copies to download and share
  • Bulk Excel/CSV import and built-in error validation
  • Secure storage of your filing data for 4 years

1099, 1098, W-2G, 5498 forms share this tier table. Volume tiers are counted per form type within a filing, so a large batch of 1098 reaches the cheapest band on its own.

Estimate Your Filing Cost

Frequently Asked Questions: Filing 1098 Online

Common questions about e-filing Form 1098 with TaxFormHero. Still stuck? Contact our support team or browse the full FAQ page.

Any lender, bank, credit union, or other financial institution engaged in a trade or business that received $600 or more in mortgage interest from an individual during 2026, including sole proprietors. If you received the interest in the course of your trade or business, you must file — even if you are not a conventional lender.

Total mortgage interest received on a single mortgage during the calendar year, including points and certain prepaid interest. Each mortgage generates its own Form 1098, and the $600 threshold applies separately to each one.

Borrower copies are due February 1, 2027, and the IRS e-file deadline is March 31, 2027. The February 1 date is not arbitrary: January 31, 2027 falls on a Sunday, and the IRS General Instructions for Certain Information Returns say, "If the regular due date falls on a Saturday, Sunday, or legal holiday in the District of Columbia or where the return is to be filed, file by the next business day."

File one Form 1098 for the mortgage and report it under the primary borrower — the individual whose TIN appears on the loan. Co-borrowers do not each get their own form; they allocate the deduction between themselves on their individual returns.

No. Form 1098 covers mortgage interest received from an individual, including sole proprietors. Interest received from a corporation, partnership, trust, estate, or other non-individual entity is not reportable on Form 1098.

$1.99 per form for your first 150 forms, dropping to $0.99 (151–500), $0.60 (501–1,000), and $0.45 (1,000+). No signup fee and no subscription. Optional add-ons: State Filing ($0.99), Print & Mail ($1.69), E-Delivery ($0.19), and TIN Matching ($0.49).

Yes, if you file 10 or more information returns in aggregate across all form types. That aggregate rule took effect for returns required to be filed on or after January 1, 2024. TaxFormHero is an IRS-authorized e-filing platform.

No. Form 1096 is the paper transmittal summary and is not required when you e-file. TaxFormHero handles the transmittal for you.

Yes. Download our Excel/CSV template from the dashboard and import hundreds of 1098 records in one upload, including property addresses and origination dates. Validation runs before you submit.

Form 1098 reports mortgage interest. Form 1098-T reports qualified tuition and related expenses and is filed by eligible educational institutions. They are unrelated filings.

These are the amounts for returns required to be filed in 2026. They are adjusted for inflation each year, so a 2027 filing will carry slightly higher figures. $60 per form if filed within 30 days late, $130 per form if filed after that but by August 1, and $340 per form if filed after August 1 or not at all. Intentional disregard raises the penalty to at least $680 per form with no maximum, and a separate penalty applies for failing to furnish the borrower copy.

Deadline for Filing Form 1098 (Tax Year 2026)

Recipient copy February 1, 2027
Paper to IRS March 1, 2027
E-file to IRS March 31, 2027

Filing 10 or more information returns in aggregate means e-filing is required, so the e-file date is the one that applies to most filers.

Reviewed by Nazrul Huda, MSA, IRS PTIN Holder · last reviewed

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