Note: If a client has specific questions about taxes, what can be deducted, or how much to pay, direct him/her to speak with his/her accountant or tax specialist.
What is a 1098?
A form 1098 is a mortgage interest statement that details the amount of interest and related expenses paid on a mortgage during the tax year.
Form 1098 provides clients with information about interest paid to CCB on a loan secured by real estate.
Who gets a Form 1098?
Clients who have paid at least $600 in interest will be issued a form 1098.
Who does not receive Form 1098?
Clients that have paid less than $600 in interest will not receive a form 1098.
The following loan types will not be issued a form 1098:
- 04-06, 10-13, 15-16, 20-21, 24, 27-29, 31, 45-49
Client requests for Form 1098
Click the links below as applicable:
Viewing Client Tax Information
Giving Confirmation of Interest Amounts