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E-File Form 1098 Online Fast, Secure, and Simple
Report mortgage interest payments with TaxZerone’s accurate and hassle-free e-filing solution for Form 1098.
Affordable Pricing
Start at just $2.49, with prices as low as $0.59 per form for bulk filings
For your return volume
Filing Requirements for Form 1098
Let's make your Form 1098 filing seamless! Here's what you’ll need:
- Lender Information: Recipient/Lender’s Name, TIN, and Address
- Borrower Information: Payer/Borrower’s Name, TIN, and Address
- Mortgage Information: Mortgage Interest received, Points Paid, and other property information
3 Simple Steps to Complete Your Form 1098 E-filing
Filing your Form 1098 with TaxZerone is quick, easy, and secure.
Here’s how you can do it in three simple steps:
Enter Information for Form 1098
Fill in your business/individual details (Name, TIN and Address), borrower's info (name, address, TIN), and mortgage-related information.
Review & Transmit
Ensure accuracy with TaxZerone’s IRS validations, then securely e-file your Form 1098 to the IRS.
Send Borrower Copy
Deliver the form copy to the borrower securely through ZeroneVault for safe sharing, or choose postal mail as an alternative.
Why Choose TaxZerone for 1098 e-Filing?
TaxZerone is the trusted e-filing solution for businesses of all sizes. Here’s why:
Accurate Filing
With built-in validations, reduce the risk of errors and ensure compliance.
Bulk Uploads
Quickly upload multiple Form 1098 records, saving time for large-volume filings.
Eco-Friendly Distribution
Securely distribute borrower copies through ZeroneVault to minimize paper waste, or opt for traditional postal mailing if preferred.
Cost-Effective
Get affordable pricing based on the filing volume, so you don’t overspend.
User-Friendly Interface
The intuitive, form-based filing process makes it easy to use.
Guided e-Filing Support
Step-by-step instructions ensure your filing process is smooth and accurate.
Important Filing Deadlines for Form 1098
To ensure compliance and avoid penalties, make sure you meet the following deadlines:
Send Recipient Copies
Deadline: January 31, 2025 Deliver borrower copies on time via ZeroneVault for secure electronic sharing or by postal mail.
File with the IRS (e-file)
Deadline: March 31, 2025 Submit your Form 1098 electronically.
File with the IRS (paper)
Deadline: February 28, 2025 Mail your Form 1098 if filing on paper.
Start E-Filing Form 1098 with TaxZerone
Filing Form 1098 through TaxZerone is fast, easy, and secure. With our user-friendly platform, you can complete your filing in just a few steps.
Start Filing Now!E-file Form 1098 pricing calculate
| No. of Forms | Price Per Form |
|---|---|
| 1 to 25 | $2.49 |
| 26 to 50 | $1.99 |
| 51 to 100 | $1.59 |
| 101 to 250 | $1.29 |
| 251 to 500 | $1.09 |
| 501 to 1000 | $0.79 |
| 1001 and above | $0.59 |
Estimate Your Price
| Enter the number of to calculate your estimated cost | |
| Total Price: | $0.00 |
| W-2/1099 Postal Mailing | Price Per Form |
|---|---|
| Per Form | $1.75 |
Estimate Your Price
| Enter the number of to calculate your estimated cost | |
| Total Price: | $0.00 |
| W-2/1099 Electronic Delivery | Price Per Form |
|---|---|
| Per Form | $0.50 |
Estimate Your Price
| Enter the number of to calculate your estimated cost | |
| Total Price: | $0.00 |
Schedule Filing: Plan Ahead and Stay On Track
Ensure timely filing without the last-minute stress by scheduling your Form 1098 filing in advance.
Choose Your Filing Date
Select your preferred filing date, and we’ll ensure accurate and timely submission to the IRS.
Ensure Accuracy
Allow payer/borrower to review their 1098 forms before submission to identify and correct any errors.
Avoid IRS Correction Forms
By scheduling ahead, you can avoid errors and eliminate the need for correction forms later.
Deliver Form 1098 Copies with Ease
TaxZerone simplifies the process of delivering Form 1098 copies to your recipients securely and on time.Choose the method that best suits your needs:
Secure Delivery via ZeroneVault
- Share Form 1098 copies electronically through ZeroneVault, a user-friendly and secure platform.
- Borrowers can access their forms instantly without the hassle of printing or mailing.
- ZeroneVault ensures the highest level of data security, providing peace of mind when sharing sensitive tax information.
Traditional Postal Mailing
- Prefer a physical copy? TaxZerone offers efficient postal mailing services for Form 1098.
- Copies are delivered promptly, ensuring compliance with IRS deadlines.
- Save time and enjoy a stress-free experience by letting TaxZerone manage the mailing process for you.
Ready to File Your 1098 Form?
Start your e-filing with TaxZerone today! Make the process easier, faster, and more compliant with our streamlined system.
Frequently Asked Questions
1. What is Form 1098?
Form 1098 is an IRS tax form used by lenders to report mortgage interest payments received from borrowers over the tax year. Borrowers use the information from Form 1098 to claim a deduction for mortgage interest paid on their federal tax return, which can reduce their taxable income.
Key Information Reported on Form 1098:
- Mortgage interest paid by the borrower
- Points paid on the purchase of a home
- Mortgage insurance premiums (if applicable)
2. Who Needs to File Form 1098?
Lenders, including financial institutions and mortgage companies, must file Form 1098 if they received $600 or more in mortgage interest payments from a borrower during the tax year.
Examples of Lenders Who File Form 1098:
- Banks and credit unions
- Mortgage Companies
- Other financial institutions that provide mortgage loans
3. What are the Penalties for Late Filing of Form 1098?
- Within 30 days of the deadline: $60 per form
- More than 30 days but before August 1: $130 per form
- After August 1 or not filed at all: $330 per form
The maximum penalty depends on the size of the business, with reduced penalties for small businesses.
4. Why is Form 1098 Important for Borrowers?
Benefits for Borrowers:
- Reduces taxable income, potentially lowering the overall tax liability
- Encourages homeownership by making mortgage payments more affordable
About TaxZerone®
TaxZerone® is an IRS-authorized e-file service provider that helps businesses and individuals file multiple IRS forms, such as excise, employment tax, extension, information returns, and tax-exempt forms, easily and securely.
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