WebUse the table below to find Intuit ProConnect input fields where you can report amounts from common source documents. Below the table, you can find specific instructions on … WebDec 1, 2024 · The most common of these forms are: Form W-2. It’s filled out by your employer to document your earnings for the calendar year. This tax form supplies you with some of the most important information you’ll need when you fill out your 1040 including the wages you earned and the taxes your employer withheld. Form 1098.
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WebJul 30, 2024 · Basically, the lender will send you a Form 1098, which outlines how much interest was paid on your particular loan, which financed your particular share. With this form in hand, you can report the information on your tax return. The issue becomes more complex with a group mortgage. WebHow to Claim Mortgage Interest as a Co-Owner. Lenders issue a Form 1098 Mortgage Interest Statement to the borrower and send a copy to the Internal Revenue Service. When … WebFeb 15, 2024 · Simple, common situation. Daughter in college. Received 1098T. Box 1 Payments received for qualified expenses is $40K. Box 5 - Scholarships/grant is $22K. My … how much are bone runners per hour