If your assignment involves calculating tax deductions or filing simulations, you are likely working with one of these three common versions:
Instructions for Form 1098 (12/2026) | Internal Revenue Service tarea 1098.zip
Reports interest of $600 or more paid on a home mortgage during the year. If your assignment involves calculating tax deductions or
Issued by colleges to report qualified tuition and related expenses. This helps determine eligibility for Education Tax Credits . Reports interest paid on student loans, which can
Reports interest paid on student loans, which can often be deducted even if you do not itemize. 📋 Standard Data Points
A typical "tarea" or exercise using these forms will require you to identify or input specific values: Box 1: Total mortgage interest received from the borrower. Box 2: Outstanding mortgage principal as of January 1st. Box 5: Mortgage insurance premiums (if applicable). Tuition (1098-T)