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1040 Entering Information from Form 1098

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1040 Entering Information from Form 1098

Where to Enter Info for Form 1098, Mortgage Interest Expense

Solution Description

Tax Years 2011 and Newer
A replica of Form 1098 is available in the program for entry of Form 1098 information.
To open Form 1098:
  1. From and Open return press F6 to open the Forms Menu
  2. Type "1098" and press enter
  3. From the Multi-copy screen either open and existing copy or click in the name field to enter the name and create a new copy
  4. Complete the corresponding fields.  Consult the Tax Help by pressing F1 if this Form 1098 is associated with a Home Office on Form 8829, or if the home is partially rented out.
Using the "Where Do I Enter" feature in ProSeries
  1. Click on the green Where Do I Enter button located above the Forms Bar on the left hand side of the screen
  2. Type in 1098 Mortgage Interest
  3. First Entry indicates Schedule A
  4. Double-click on the enter to open Schedule A

Tip: If the property was also used as a Home Office or partial rental property, make entries on those forms first for Mortgage Interest, Real Estate Taxes, and Qualified Mortgage Insurance Premiums if needed.

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