The IRS has released its 2018 Draft Form 1098, Mortgage Interest Statement. There have been a number of changes to the form since its previous revision:
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“RECIPIENT’S/LENDER’S federal identification number” and “PAYER’S/BORROWER’S taxpayer identification no.” fields have been renamed to “RECIPIENT’S/LENDER’S TIN” and “PAYER’S/BORROWER’S TIN” respectively
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Wording in Box 7 has been changed:
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“If address of property securing mortgage is the same as PAYER’S/BORROWER’S address, check the box, or enter the address or description in box 8”
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Box 8 and Box 9 have been merged into Box 8
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“Address or description of property securing mortgage (see instructions)”
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Box 9 is now “Number of mortgaged properties”
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Previously, that was Box 10
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Box 10 is now “Other”
