Reporting Requirements for Recipients of Points Paid on Residential Mortgages

Section 6050H provides that an information return must be made by any person who is engaged in a trade or business and who, during that trade or business, receives from any individual $600 or more of interest on any mortgage in a calendar year. Any person required to make an information return under section 6050H also must furnish a statement to the payor of record on or before January 31 of the year following the calendar year in which the interest was received. Form 1098, Mortgage Interest Statement, is used to report mortgage interest (including points) received during the year.

The latest form for Reporting Requirements for Recipients of Points Paid on Residential Mortgages expires 2026-10-31 and can be found here.

TD 8571 (Formerly IA-17-90) Reporting Requirements for Recipients of Points Paid on Residential Mortgages

Federal Enterprise Architecture: General Government - Taxation Management