IRS Deadline: February 1, 2027 Watch our video

IRS Form

1098

Mortgage Interest Statement

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Filing Deadline
February 01, 2027
Reporting Threshold
$600 or more (mortgage interest)
Who Files
Lenders and financial institutions

How to File Form 1098: Step by Step

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

  • 1
    Create your free account

    Sign up at Tax Form Hero — 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 lender (recipient) details

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

  • 3
    Add your borrowers (payers)

    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.
  • 4
    Enter the mortgage details

    Report Box 1 mortgage interest received from the borrower, Box 2 outstanding mortgage principal, Box 3 mortgage origination date, Box 4 refund of overpaid interest, Box 5 mortgage insurance premiums, and Box 6 points paid on purchase of a principal residence.

    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, 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.

  • 6
    Transmit to the IRS and track status

    We transmit directly to the IRS as an authorized e-file transmitter (TCC #AN00134). Acceptance status updates within 24 hours, and Form 1096 is handled for you. 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 is used to report mortgage interest of $600 or more received by you during the year.

It applies to mortgage interest received from an individual, including sole proprietors.

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

Who needs to file Form 1098?

  • Lenders, banks, and financial institutions issue Form 1098 to borrowers who meet the criteria for mortgage interest payments.
  • If you're a lender and you received mortgage interest payments of $600 or more, 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 per form

1 – 150
$1.99per form
151 – 500
$0.99per form
501 – 1000
$0.60per form
1000+
$0.45per form

Optional add-ons

State Filing $0.99 / form

Direct state filing for 35+ states, submitted with your federal return.

Print & Mail $1.69 / form

USPS first-class recipient copies from a SOC 2 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

  • IRS e-filing as an authorized transmitter, plus Form 1096 handling
  • 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, and 5498 forms share this tier table. Volume tiers are calculated across all forms you file in a tax year.

Estimate Your Filing Cost

Frequently Asked Questions: Filing 1098 Online

Common questions about e-filing Form 1098 with Tax Form Hero. 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.

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. Tax Form Hero is an IRS-authorized transmitter (TCC #AN00134).

No. Form 1096 is the paper transmittal summary and is not required when you e-file. Tax Form Hero 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.

$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.

Still have a question about your 1098?

Our support team files these every day and can walk you through it.

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Deadline for Filing Form 1098 (Tax Year 2026)

February 01, 2027

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1098 Pricing

$1.99 per form

Volume pricing as low as $0.45 per form. No signup fee, no subscription.

  • 1 – 150 forms $1.99
  • 151 – 500 forms $0.99
  • 501 – 1000 forms $0.60
  • 1000+ forms $0.45
  • State filing $0.99
  • Print & mail $1.69
  • E-delivery $0.19
  • TIN matching $0.49
E-File 1098 Now

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Our support team can walk you through filing 1098.

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