FAQs

I received a corrected Form 1098, but have already filed my taxes. What should I do?

If you receive a corrected Form 1098 after filing your tax return, you should consult with a tax professional immediately. They will need to review the updated figures to determine if the changes are significant enough to affect your tax liability or your refund amount. If the changes are material, your tax preparer may recommend filing an Amended Tax Return (IRS Form 1040-X).

Why did I receive a corrected form?

Corrected 1098s are typically issued if there was a change in the reported mortgage interest paid, points, or overpaid interest (refunds) that occurred late in the year or during a year-end audit.