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IRS Form 1098 (Tax Year 2025)

Mortgage Interest Statement

IRS Form 1099-DA is used to report digital asset transactions — such as cryptocurrency sales, exchanges, or transfers — providing the IRS and taxpayers with details on proceeds, cost basis, and gains or losses. 

Pricing

Small to Mid-Size Filers

$249

Enterprise / High Volume

File with Confidence

How IRIS Works

Upload Your File

Upload your Excel or CSV file securely.

We Validate & Format

We format and validate your data to IRS standards.

Review & Approve

We generate IRS-ready PDFs for your approval.

Filed Directly to IRS

Your forms are e-filed securely using IRIS.

No manual processing. Fully automated IRIS submission.

Frequently Asked Questions (FAQs)

Secure Transmission

Your data is sent directly to the IRS or a state portal—never through the cloud or third-party systems.

Excel Integration

Easily import data from Excel (xls or xlsx). Download a sample Excel file to get started.

Simple Printing

Copy B can be printed on plain paper with black ink—no special forms required. Each form is designed to be tri-folded into a standard #10 double-window envelope.

Faster, More Accurate Processing

Our software automatically checks for errors before transmission, helping reduce IRS rejections and delays.

Free Technical Support

You’ll always speak with a local, live support specialist who can answer questions and provide assistance.

With 1099FIRE, you can outsource the entire filing process—whether it’s originals, corrections, or prior-year returns. We handle electronic submissions to the IRS through the Combined Federal/State Filing (CF/SF) program and to any specific states.

Assigned Representative

Every client is paired with a dedicated representative who has at least 15 years of tax filing experience, ensuring personalized and knowledgeable support.

Reduced Administrative Burden

By outsourcing tax-related tasks, your team can focus on core business operations instead of filing logistics.

No TCC or ID.me Required

Our outsourcing service eliminates the need for Transmitter Control Codes (TCC) or IRS ID.me accounts, avoiding a lengthy and cumbersome setup process.

High-Volume & Complex Filing Support

We are equipped to manage large-volume filings, multiple payers, bulk TIN matching, and state submissions—all transmitted securely through the CF/SF program.

Custom Quotes for Your Needs

Every business has unique requirements. A one-size-fits-all price simply doesn’t work. Call us at (480) 706-6474 for a tailored quote designed around your filing needs.

The IRS now requires electronic filing if you have more than 10 information returns in total (combined across all types such as 1099, W-2, 1098, etc.).

Key Details
  • Paper filing is only allowed if you have 10 or fewer total returns across all forms.

  • If your combined total exceeds 10, you must e-file instead of paper filing.

  • To stay compliant, many organizations are turning to third-party e-file providers.

Get Help Filing

Don’t let the new IRS mandate slow you down. Contact 1099FIRE at (480) 706-6474 for secure, reliable outsourcing and e-filing solutions.

Our software and outsourcing services can handle all filing needs:

  • Original Filings – Submit brand-new information returns with ease.

  • Corrections – Quickly fix and resubmit forms that contain errors.

  • Prior Years – File late or amended returns for previous tax years.

Whether you’re submitting current forms, making corrections, or catching up on past obligations, we ensure your filings are accurate and compliant.

IRS Form 1098, also known as the Mortgage Interest Statement, is a tax form used by individuals and organizations to report the amount of interest and related expenses paid on a mortgage during the tax year. 

 

Who Receives Form 1098

Borrowers who pay $600 or more in mortgage interest in a year receive a copy.

 

Who Issues Form 1098

Lenders or financial institutions that receive at least $600 in mortgage interest from an individual during the year must issue this form to both the IRS and the borrower.

 

Purpose of Form 1098

It helps the borrower (typically a homeowner) deduct mortgage interest, points paid, and mortgage insurance premiums on their tax return, provided they itemize deductions rather than taking the standard deduction.

Due Date

Furnish Copy B to the borrower by January 31. File electronically by March 31.

Electronic Filing
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