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You asked: What is Form 1098

We matched that to: What is Form 1098?

TD Bank will issue you a Form 1098 only if TD Bank receives $600 or more in mortgage interest from you for a given year for each loan where real property (home, land) is held as collateral.

Loans secured with real property include:

  • Mortgages
  • Home equity loans
  • Home equity lines of credit
  • Some personal loans – excludes unsecured personal loans and lines of credit and personal loans secured by other property like a car, boat, art, etc.

 

TD Bank follows all IRS standards and you can expect your Form 1098 by early February for the prior tax year.

Learn more about Form 1098.*

Visit the TD Bank tax resource center

Important Note:  This information is a general overview of Internal Revenue Service (IRS) Form 1098 and may not apply to your specific situation. TD Bank does not provide tax advice, and you should consult your tax advisor regarding your individual tax situation.

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