lefty
Level 4
03-18-2022
02:15 PM
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Has anyone else been getting Truist bank 1098 that look wrong?
2 clients now with Truist bank 1098 mortgage interest that is impossibly low.
$500K 30 year mortgage with only $1400 in interest paid over 12 months.
At 3.5% you would pay that much in one month!
Its almost like the amount paid is just for one month not all year.
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rbynaker
Level 14
03-18-2022
02:23 PM
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Ask the client to give you "the other 1098 form." The one from BB&T or SunTrust that covers the other 10-11 months of the year.
JRC
Level 8
03-18-2022
04:43 PM
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DITTO!!!!
