|
#1
| |||
| |||
| Lynn Guini wrote: - quote - > When paying interest to an individual, who is not going to
No. there is no place on schedule E for that information.> provide a 1098, are you supposed to include their SSN on the > Schedule E when showing the interest you paid to them? Cheer$, Harlan Lunsford, EA n LA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| | |||
| |||
| Lynn Guini wrote: - quote - > When paying interest to an individual, who is not going to
There is no need to include the identity of the person to> provide a 1098, are you supposed to include their SSN on the > Schedule E when showing the interest you paid to them? whom you are paying qualified mortgage interest. Enter the interest on Line 13 and maintain adequate documentation. -- Alan http://taxtopics.net << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
|
#-1
| |||
| |||
| 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 > << -------------------------------------------------> |
| Tags |
| interest, payments, schedule |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Interest-only payments in SB CDUB: Running 2004 Sm. Bus. I have 2 loans. One I took out and one I made to a friend. I want to record interest-only payments. Is this possible? ... | Microsoft Money | 1 | 06-08-2004 04:39 PM | |
| Re: Schedule C - Payments to contacters. CLJ1219: >> Interesting to see 3 different answers to this question. >> What would be the best one? >> 1. ...We generally put them on the other expenses... | Taxes | 5 | 09-23-2003 03:24 AM | |
| Schedule C - Payments to contacters. David Flaschen: Sometimes in running my business as a computer consultant, I will pay someone for helping me. Typically, I just mail them a check. Questions:... | Taxes | 5 | 07-30-2003 07:38 PM | |
| No-Interest, No-Payments David Palmer: I apologize if this is a duplicate message, but this message didn't seem to post from my office. I've been fighting with this all weekend, and I... | Microsoft Money | 2 | 07-08-2003 05:12 PM | |
| Thread Tools | |
| Display Modes | |
| |