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1224 ch. Mountain Rd., Unit() 8 Moncton, NB E1C 2T6 Tel: (506) 8578957 Fax / TLC: (506) 8578838 www.nbpharmacists.ca info@nbpharmacists.caCHANGE IN STATUS Please submit all pages First Name: .....................................................

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What is formampquoteampquot?

Form 1098 is used to report mortgage interest received by businesses and individuals over $600 during the tax year.

Who is required to file formampquoteampquot?

Lenders, including banks and mortgage companies, who received mortgage interest payments from individuals or businesses are required to file Form 1098.

How to fill out formampquoteampquot?

To fill out Form 1098, you will need to provide details such as the borrower's name, address, Social Security number, the amount of mortgage interest received, and any points paid by the borrower.

What is the purpose of formampquoteampquot?

The purpose of Form 1098 is to report mortgage interest that a borrower has paid during the year, which may be deductible for income tax purposes.

What information must be reported on formampquoteampquot?

Form 1098 must report the total mortgage interest received, any points paid, the borrower’s information, and the property associated with the mortgage.