What is AAA 1098?

Answer 1

AAA 1098 refers to a specific form used in the United States for reporting mortgage interest paid, as well as certain other related expenses, to the Internal Revenue Service (IRS). This form is typically issued by lenders to borrowers who have paid $600 or more in mortgage interest during the tax year. The information reported on AAA 1098 is important for taxpayers who may be eligible for mortgage interest deductions on their federal income tax returns.