There are multiple 1098 forms. Each is reported differently.
1098-C
To enter a Charitable Contribution of a Motor Vehicle, Boat or Airplane that is reported on Form 1098-C into the program, choose the following path:
- Federal Section
- Deductions
- Itemized Deductions
- Gifts to Charity
- Non-Cash Donations (More than $500)
- Complete all information here, at the bottom of the page check the box; if you were issued a 1098-C for this property and complete the 1098-C Form Information.
1098-E
If you received a 1098-E for interest that you paid on qualifying student loans during the tax year, to enter, go to:
- Federal Section
- Select My Forms
- Deductions
- Adjustments to Income
- Student Loan Interest
1098-MA
Form 1098-MA is for informational purposes and is not reported on the tax return. Do not include mortgage assistance payments as income.
1098-T
Form 1098-T is reported as an Education Credit:
- Federal Section
- Deductions
- Credits
- Education Credits
1098-Mortgage
How you claim the Mortgage Interest Deduction on your tax return depends on the way the property was used.
- If the Mortgage Interest is for your main home, you would enter the Mortgage Interest as an Itemized Deduction. The entry would be made by following these steps:
- Federal Section
- Deductions
- Itemized Deductions
- Mortgage Interest and Expenses
- If you have Mortgage Interest for your rental home, you would enter the Mortgage Interest as an expense on your Schedule E. The entry would be made by following these steps:
- Federal Section
- Income
- Profit or Loss from Rentals and Royalties (Schedule E)
- Expenses
- Mortgage Interest
Your mortgage deduction may be limited. See Mortgage Interest Reported on Form 1098 for details.