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  • trinitymorris
    started a topic Mortgage Assistance Payments 1098MA
    in Main Forum / Tax Discussion

    Mortgage Assistance Payments 1098MA

    I have a client that was in an interest only loan for her home. She did not realize she was in that type of a loan for 3 yrs. When she did find out she had it changed. She received a Mortgage Assistance Payment 1098MA. I searched all over and asked people all over. I'm not sure where this needs to go. I was told maybe fill out the Form 982 for...
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  • appelman
    started a topic Mortgage Assistance Payments Revisited
    in Main Forum / Tax Discussion

    Mortgage Assistance Payments Revisited

    I am reposting this with more information and more specific questions.

    Form 1098-MA shows 20,416 both in Box 1 and Box 2; nothing in Box 3.

    Form 1098 (Mortgage Interest Statement) shows 18,149 in Box 1 and
    3000 in Box 4 (Mortgage Insurance Premiums). Property taxes paid: 5453. Ending escrow balance:
    1837....
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