Each column has to be read in the
correct sequence. The 1st column on your data identifies whether
this information return is Void. The 2nd column has a value for
Corrected and so forth following in the order below for the
1098:
Void
Corrected
Recipient Name
Recipient Address
Recipient City
Recipient State
Recipient Zip
Recipient Phone
Recipient Federal identification number
Payer Federal identification number
Payer Name
Payer Address
Payer City
Payer State
Payer Zip
Account Number
1098_1 // mortgage interest received
1098_2 // points paid on purchase of principal resident
1098_3 // refund of overpaid interest
1098_4 // mortgage insurance premiums
1098_5
Type of TIN is taken from the
TIN itself. If the TIN contains one dash (-), then the TIN type
is EIN. If the TIN contains two dashes, then the TIN type is an
SSN. Otherwise the TIN is identified as unknown.
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