For those of you who are financing your DVC....

[paslea_pooh]

when does Disney send out that paper that tells you how much interest you've paid so you can file it with your taxes.

thanks

 

[Plutofan]

I am not sure when Disney sends them out but they are required to send them out by Jan 31 each year.

 

[vascubaguy]

Since I'm a fairly new member, I'm not sure if we get tax statements; however, I do know that the amount of tax we pay is listed in the dues statement.

 

[m4travel]

I'm not sure if we get tax statements; however, I do know that the amount of tax we pay is listed in the dues statement.

We previously owned a Nevada timeshare for many years and never received a tax statement. The maintainence fee/dues statement included the tax information for our interval which we used for our IRS return.

 

[dbertola]

We used to get statements directly from Disney to file with our taxes.

 

[brivers222]

last year was our FIRST year doing taxes while owning DVC... They sent up a tax statment near the beginning to middle of February.

 

[spiceycat]

Disney onlys send out the interest form to those that ask. (or did in my case)

call accounting now and may sure they are sending you one.

I got told Disney assumed that members have a second house already (yea....).

so be sure to tell accounting that you need that form 1098 Mortgage Interest Statement.

 

[MrShiny]

That's required with any mortage (unless perhaps the amount is really small).

We financed when we first bought, but then with rates so low and property values around me going up, we took out a home equiy loan and paid it off. Same tax benefit, but much, MUCH lower interest rate.