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Newsreels Date: 7/17/2018Form 1098 Not Sufficient
to Substantiate Mortgage
Interest Deduction
Cross-References
Singh, T.C. Memo. 201879, June 7, 2018,
The court found the testimony of the taxpayer
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What is form 1098 not sufficient?
Form 1098 is not sufficient because it may not contain all the necessary information or may not be filled out correctly.
Who is required to file form 1098 not sufficient?
Any entity that meets the requirements for filing form 1098 must do so, regardless of whether it is sufficient or not.
How to fill out form 1098 not sufficient?
Fill out the form as accurately as possible, ensuring all relevant information is included even if it is not sufficient.
What is the purpose of form 1098 not sufficient?
The purpose of form 1098 is to report certain payments or transactions to the IRS, even if the form is not considered sufficient for all reporting needs.
What information must be reported on form 1098 not sufficient?
Form 1098 must include information such as the payer's name, address, and tax identification number, as well as the amount paid or received.
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