When taking deductions, I have to enter the name of my mortgage lender. My mortgage payments have switched around to different loan servicers over the span of my home ownership. For instance, right now and for the past year and a half, I have been making my payments to Home Eq Servicing. The Loan was issued by Wells Fargo, when teh house was bought origionally. So do I enter my current recipient, or the origional Wells Fargo?
2007-03-15 09:57:43 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Enter the name that is listed on the 1098 sent by your mortgage company this year. If you have multiple statements, enter the name of each lender.
Mortgages are sold all the time, so the name can change. If you refinance as well, you will have a new lender, so always list your current one, or the name from the form.
2007-03-15 10:05:38 · answer #1 · answered by Jen 5 · 0⤊ 0⤋
You enter the name of the lender shown on the Form 1098. I had a loan passed around 3 times one year; it's not unusual at all.
2007-03-15 11:43:00 · answer #2 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Each company that you made payments to last year should send you a separate 1098. You need to enter each 1098 into your tax software separately. Use whatever name is on the 1098, even if that is not the name you use on the checks.
2007-03-15 11:43:58 · answer #3 · answered by STEVEN F 7 · 0⤊ 0⤋
Enter who is currently receving your payments as of Dec. 2006. If it switched halfway through the year, you would list each mortgage company and the portion you paid to them in interest. you should have gotten a statement from each company you paid interest payments to at any point in 2006.
2007-03-15 10:08:55 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Current.
2007-03-15 10:00:50 · answer #5 · answered by angel_light 3 · 1⤊ 0⤋
on your credit document this is going to teach in PUBLIC documents portion of the document. the reality you're in a repyment plan FHA will settle for that with a pay background for the IRS as far as state is going without charge plan in place for 3 hundred and sixty 5 days this is a sticking element if in public documents
2016-11-25 22:23:58 · answer #6 · answered by myland 4 · 0⤊ 0⤋
they sell the account so list who you are sending the payment to now.
2007-03-15 10:03:32 · answer #7 · answered by zocko 5 · 0⤊ 0⤋