Do you report the real estate taxes I paid during the year on Form 1098? And can I deduct them on my income tax return?

Frequently Asked Question

The IRS doesn't require us to report real estate taxes paid by you on Form 1098. We do, however, provide that information to you on the Annual Tax and Interest Statement for informational purposes only. Any real estate taxes paid will be reflected in the “Escrow Activity” or “Additional Amount” section of the statement. To determine if the real estate taxes you paid are deductible, we suggest you contact your own tax advisor or the IRS at 800-829-1040 or IRS.gov.

 

top