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FORM 4 ? Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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Wells David B refers to Form 1098, which is used in the United States to report mortgage interest paid by individuals.
Lenders or mortgage servicers who receive $600 or more in interest from borrowers during the tax year are required to file Wells David B.
To fill out Wells David B, you need to provide the borrower's details, loan information, and the total amount of interest received during the tax year.
The purpose of Wells David B is to provide borrowers with a statement of mortgage interest paid, which can be used for tax deduction purposes.
The information that must be reported includes the borrower's name, address, Social Security number, loan amount, and total interest paid.
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