Form 1099-NEC: What You Need to Know - Changes are in store this tax season for more than 70% of filers! MISC or NEC? - Get the Facts Now >

1098

Form 1098 is used to report interest paid on a mortgage (including points) and certain mortgage insurance premiums received from individuals in the course of trade or business, also including reimbursements of overpaid interest.

What is a 1098?

Form 1098 is used to report interest paid on a mortgage (including points) and certain mortgage insurance premiums received from individuals in the course of trade or business, also including reimbursements of overpaid interest.

Why do I file 1098?

The IRS requires that all income and deductible expenses are reported by businesses and individuals or penalties could apply.

Who needs to file 1098?

A mortgage company files Form 1098 to report interest of $600 or more paid by the payer/borrower for each mortgage held. Form 1098 is not required for interest received from a business, trust, estate and some other entities. See the official IRS instructions.

What to report

Mortgage interest, including points, received by you from an individual, including a sole-proprietor.

Amount to report

$600 or more per mortgage.

Supported 1098 Forms

We've made it easy to use to file your 1098 forms through Yearli. Simply create a Yearli account, enter or import your data, review, update and validate your data, then checkout. It's that easy. We'll file your forms to the IRS, applicable state agency and send copies to your recipients.

Core

Sign Up
Free
Annual Subscription + Filing Fees

Performance

Sign Up
$99
Annual Subscription + Filing Fees

Premier

Sign Up
$699
Annual Subscription + Filing Fees

Custom

Sign Up
Custom
Annual Subscription + Filing Fees

Yearli Subscription Options

Core

Sign Up
Free
Annual Subscription + Filing Fees

Performance

Sign Up
$99
Annual Subscription + Filing Fees

Premier

Sign Up
$699
Annual Subscription + Filing Fees

Custom

Learn More
Call for Pricing and Purchase
Federal E-File
Direct State Filing
Recipient Print & Mail
Recipient Online Retrieval
Robust Data Integrations
W-2 & W-2c Forms
1099 Forms (NEC, MISC, INT, DIV, R, S)
94X Forms
Online Chat
Email Support
1095 (ACA) Forms
Additional Forms Library
Phone Support
Unlimited TIN Matching
Local Printing
Advanced Data Reporting
Multi-User Licenses
User Permissions & Teams
Cloud Infrastructure
1042-S, Canadian & Puerto Rico Forms
Employer Forms Portal
Custom Mail Inserts
Single Sign On
Call for Pricing and Purchase

Estimate Your Filing Cost

Number of forms

Core

W-2 & 1099
$4.99
$5.99Jan 31 & Feb 1

Performance

W-2 & 1099
$83.99

Premier

W-2 & 1099
$401.50

Custom

Call for Pricing and Purchase
Pricing reflects estimated cost to file W-2, 1099 & 1095 forms. Price also includes federal e-file, state reporting (where applicable), recipient print and mail.
View Detailed Pricing

What Our Customers Are Saying

4.8
Out of 5.0
Overall rating
based on 50,000+ ratings and reviews.
97%
of customers that buy from this merchant give them a 4 or 5-Star rating.
Isabel | March 2, 2021
Form headings were complicated. The different Parts of the template are not easily identifiable. On the other hand, I appreciated the error list so I could correct the problem areas and the live support team who patiently walked me through all my questions.
jeremiah | March 2, 2021
nice and easy
Valeria | March 2, 2021
easy and clear
Claudia | March 2, 2021
THE 1095 PROCESSS IS GRUELING. THERE WORK SHEETS ARE AMAZING. THE COST IS VERY REASONABLE TO FILE THIS TYPE OF RETURN.
Vernese | March 2, 2021
easy to use
Theresa | March 2, 2021
Very easy to use.
Armando | March 3, 2021
Simple and easy to navigate
Reed | March 3, 2021
QUICK & EASY WAY WAY TO FILE 1099-NEC FORMS.
Angela | March 3, 2021
Quick and easy! The reminders are my favorite part of the service.
Lisa | March 3, 2021
This was very easy and the Chat Support was so helpful!
William | March 3, 2021
The filing process for form 1099 NEC was effortless, especially after attempting to get authorized to file through the IRS' online portal.
Read More Reviews
July 30, 2020

Cloud Computing: Three Ways It Is Transforming Business

The cloud. Perhaps a nebulous term once upon a time, cloud computing is now proving to be table stakes for a growing number of organizations. And given the benefits it is easy to understand why.
Read More