Tax Question - Mortgage Interest

[leadfootlevi]

The CU that holds our 2nd mortgage/Home Equity loan (whatever it is, I'm not really sure but it's not a HELOC) was bought out by another CU. I used to get a 1098 from the original note holder. I didn't get one from the 2nd CU for 2010. I called and they said they have the loan listed as just a regular loan (not a 2nd mortgage or anything, just an installment loan) and that is why I didn't receive a 1098. But, the rep did say that she saw the house listed as collateral. WTH?

They are trying to figure out what happened, but in the mean time, can I claim this on my taxes and just click on the turbo tax box that says "I didn't receive a 1098 form"?

 

[minnie1928]

I would ask the rep at the credit union to send you a statement of the account's activity for 2010, showing the interest portion of each of your payments. I'd add them up and use that as the figure to report in lieu of an actual 1098.

My guess is that more than just your account was screwed up during the sale, I bet other accounts were messed up in the process too.