1099 tax question

[catsrule]

We refinanced this year to a 10 year loan with US Bank. We haven't received our house statement yet showing the interest we paid. So I called them and told them we haven't gotten it yet. They told me that they don't mail them out anymore unless you request one. So of course I requested one and she told me the interest amount over the phone so I could start on the taxes. My question is, I thought they had to send these to you, I thought it was the law? They don't have to do this? Anyone know anything about this?

 

[WDWHound]

They dont have too send you a 1099, and most mortgage companies wont anymore unless you ask them. I just call them, get the number over the phone and use that. It usually shows up on your monthly statement as well (if they still send you one of those).

 

[catsrule]

Thank you, I did request one today, I'm glad I called them. I didn't know this!