RECIPIENT'S/LENDER'S name, address and telephone number 01/20/16 * Caution: The amount OMB No. MORTGAGE
Wells Fargo Bank N.A. shown may not be fully 1545-0901 INTEREST
Return Mail Operations deductible by you. Limits STATEMENT
PO Box 14411 based on the loan amount and 2015
Des Moines IA 50306-3411 the cost and value of the Copy B
secured property may apply. Substitute For Payer
We accept telecommunications relay service calls. Also, may only deduct interest Form
to the extent it was incurred 1098 The information in boxes
Phone #: 1-800-222-0238 CORRECTED (if checked) by you, actually paid by you 1, 2, 3 and 4 is important
Fax #: 1-866-278-1179 and not reimbursed by tax information and may
another person.
be furnished to the
PAYER/BORROWER'S name, street address, city, state and ZIP code RECIPIENT Federal Identification no. Internal Revenue Service
94-1347393 according to their
guidelines. If you are
PAYER'S Social Security number required to file a return,
a negligence penalty or
XXX-XX-3596 other sanction may be
imposed on you if the
ERIC LMORRIS 1 Mortgage Interest received from $4,231.48 IRS determines that an NNNNNNNNNN
BRENDA LMORRIS payer(s)/borrower(s) underpayment of tax
5985 PAINTED LEAF LN
NAPLES, FL34116-7464 2 Points paid on purchase of principal residence results because you
overstated a deduction
(See Box 2 on back.) $0.00
for this mortgage
3 Refund of overpaid interest $0.00 interest or for these
(See Box 3 on back.)
points or because
4 Mortgage Insurance you did not report this
$0.00 refund of interest on
your return.
Account number (optional) 5 Real Estate Taxes
0337999007 $1,448.02
Form 1098 Substitute SEE BACK SIDE FOR IMPORTANT INFORMATION (Keep for your records.) Department of the Treasury - Internal Revenue Service
Please consult a Tax Advisor about the deductibility of any payments made by you or others.
Payment information Property address
$729.22 Total current payment 212 TREETOP KNOLL DRIVE
$216.20 Escrow portion of pmt BIG CANOE, GA 30143
-------------------------------------------------------- 2015 INTEREST DETAIL --------------------------------------------------------
TOTAL INTEREST APPLIED 2015 $4,231.48
2015 MORTGAGE INTEREST RECEIVED FROM PAYER / BORROWER(S) $4,231.48
If you have questions about your loan, you can use the number listed at the top of this statement.
By selecting one of the options listed, you can receive information regarding:
- Taxes paid year-to-date - Interest paid year-to-date
- The amount & date of your last payment - Other valuable information
If you prefer to not receive a paper copy of this statement and receive it online only for future years, register at wellsfargo.com
and select Delivery Preferences.We issue tax documents to the primary account owner.
Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A., believes Customers come first. You can always count on us
to provide the excellent service you've come to expect.
Retain This 1098 With Your Important Tax Records
Please consult a Tax Advisor about the deductibility of any payments made by you or others.
Instructions for Payer/Borrower
A person (including a financial institution, a governmental unit, and a prepaid interest may be included in box 1. However, you cannot deduct the
cooperative housing corporation) who is engaged in a trade or business prepaid amount in 2015 even though it may be included in box 1.If you hold a
and, in the course of such trade or business, received from you at least mortgage credit certificate and can claim the mortgage interest credit, see Form
$600 of mortgage interest (including certain points) on any one mortgage 8396. If the interest was paid on a mortgage, home equity, line of credit, or credit
in the calendar year must furnish this statement to you. card loan secured by your personal residence, you may be subject to a deduction
limitation.
If you received this statement as the payer of record on a mortgage on
which there are other borrowers, furnish each of the other borrowers with Box 2. Not all points are reportable to you. Box 2 shows points you or the seller
information about the proper distribution of amounts reported on this paid this year for the purchase of your principal residence that are required to be
form. Each borrower is entitled to deduct only the amount he or she paid reported to you. Generally, these points are fully deductible in the year paid, but
and points paid by the seller that represent his or her share of the amount you must subtract seller-paid points from the basis of your residence. Other points
allowable as a deduction. Each borrower may have to include in income a not reported in box 2 may also be deductible. See Pub. 936 to figure the amount
share of any amount reported in box 3. you can deduct.
If your mortgage payments were subsidized by a government agency, you Box 3. Do not deduct this amount. It is a refund (or credit) for
may not be able to deduct the amount of the subsidy. See the instructions overpayment(s) of interest you made in a prior year or years. If you itemized
for Form 1040, Schedule A, C, or E for how to report the mortgage deductions in the year(s) you paid the interest, you may have to include part or all
interest. Also, for more information, see Pub. 936 and Pub. 535. of the box 3 amount on the “Other income” line of your 2015 Form 1040. No
adjustment to your prior year(s) tax return(s) is necessary. For more information,
Payer's/Borrower's identification number. For your protection, see Pub. 936 and Itemized Deduction Recoveries in Pub. 525.
this form may show only the last four digits of your social security number
(SSN), individual taxpayer identification number (ITIN), adoption Box 4. Shows Mortgage Insurance premiums which may or may not qualify to be
taxpayer identification number (ATIN), or employer identification number treated as deductible mortgage interest. Please consult your tax advisor for further
(EIN). However, the issuer has reported your complete identification questions or contact the IRS regarding the deductibility of mortgage insurance in
tax year 2015.
number to the IRS.
Account number. May show an account or other unique number the Box 5. The dollar amount located in the Box is the tax amount we paid on your
lender has assigned to distinguish your account. behalf, as billed to us by your local taxing authority, and may include items other
than “Real Estate Taxes". Please consult with a tax advisor on the deductibility, as
we do not report this amount to the IRS.
Box 1. Shows the mortgage interest received by the recipient/lender
during the year. This amount includes interest on any obligation secured
by real property, including a home equity, line of credit, or credit card Future developments. For the latest information about developments related
to Form 1098 and its instructions, such as legislation enacted after they were
loan. This amount does not include points, government subsidy payments, published, go to www.irs.gov/form1098.
or seller payments on a “buydown” mortgage. Such amounts are
deductible by you only in certain circumstances. Caution: If you prepaid
interest in 2015 that accrued in full by January 15, 2016, this
DISPUTING ACCOUNT INFORMATION REPORTED TO CREDIT BUREAUS: We furnish information about your
account to credit bureaus. You have the right to dispute the accuracy of the information reported by writing us at the
Correspondence Address noted on the front of this statement.