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Old 02-05-2004, 03:50 AM
Harlan Lunsford
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Default Re: Schedule E interest payments, other

Lynn Guini wrote:

- quote -

> When paying interest to an individual, who is not going to
> provide a 1098, are you supposed to include their SSN on the
> Schedule E when showing the interest you paid to them?


No. there is no place on schedule E for that information.

Cheer$,
Harlan Lunsford, EA n LA

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Old 02-05-2004, 03:31 AM
A.G. Kalman
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Default Re: Schedule E interest payments, other

Lynn Guini wrote:

- quote -

> When paying interest to an individual, who is not going to
> provide a 1098, are you supposed to include their SSN on the
> Schedule E when showing the interest you paid to them?


There is no need to include the identity of the person to
whom you are paying qualified mortgage interest. Enter the
interest on Line 13 and maintain adequate documentation.

--
Alan
http://taxtopics.net

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  #-1  
Old 02-03-2004, 06:59 AM
Lynn Guini
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Posts: n/a
Default Schedule E interest payments, other

When paying interest to an individual, who is not going to
provide a 1098, are you supposed to include their SSN on the
Schedule E when showing the interest you paid to them?

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->
 

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