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  1. #1
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    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Of course, you could just get married, file jointly, and then the problem really ceases to exist.

  2. #2
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    Mar 2013
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    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Quote Quoting flyingron
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    Of course, you could just get married
    Which would be the smart thing to do before buying property together.

    Many have sorely repented the error of buying property with significant others.

  3. #3
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    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Marriages are easier to get out of than mortgages.

  4. #4
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    Mar 2010
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    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Quote Quoting flyingron
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    Of course, you could just get married, file jointly, and then the problem really ceases to exist.
    Yeah, we could, after 22 years. We're happy the way it is.

    - - - Updated - - -

    Quote Quoting adjusterjack
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    Which would be the smart thing to do before buying property together.

    Many have sorely repented the error of buying property with significant others.
    It's been 22 years, we both would do the right thing if one of us decided to end our pseudo-marriage. Siblings buy property together, cousins buy property together, as well as all of the above going into business together.

    I don't think being advised to get married is part of this discussion. We aren't, and that is that.

    - - - Updated - - -

    Quote Quoting llworking
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    No, it does not mean that you will have to send in tax returns via snail mail. As you were previously told, your fiancé will only need to submit proof that he/she is on the loan if the IRS asks for that proof. It is NOT a big deal at all. Seriously, it is not. Yes, the instructions state to attach a statement, but you can attach an unformatted statement electronically if necessary. Or rather, a tax professional can do so. I don't believe I have ever seen that option on online programs for consumer use. However, even if you do not attach any statement, the worst that will happen is that you will get a letter and will have to prove that the deduction is valid. Once again, this is not a big deal at all.
    Thanks for replying.

    See, that is just what we want to avoid: getting a letter from the IRS a year after filing a tax return. I'm an accountant, I do the tax returns electronically. I don't want to have to prove something is valid a year or two after the fact. I'd rather the paperwork go to the IRS in my fiance's name, then we don't have to worry about a potential letter coming in the mail.

  5. #5
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    Mar 2013
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    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Quote Quoting Jane0218
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    See, that is just what we want to avoid: getting a letter from the IRS a year after filing a tax return. I'm an accountant, I do the tax returns electronically. I don't want to have to prove something is valid a year or two after the fact.
    That's a little silly, coming from an accountant, who should be able to respond to an IRS letter without breaking a sweat.

  6. #6
    Join Date
    Oct 2006
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    16,474

    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Quote Quoting adjusterjack
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    That's a little silly, coming from an accountant, who should be able to respond to an IRS letter without breaking a sweat.
    I agree. Responding to a CP-2000 letter is about the most routine thing a tax professional does, other than filing tax returns.

  7. #7
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    Mar 2010
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    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Quote Quoting adjusterjack
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    That's a little silly, coming from an accountant, who should be able to respond to an IRS letter without breaking a sweat.
    Quote Quoting llworking
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    I agree. Responding to a CP-2000 letter is about the most routine thing a tax professional does, other than filing tax returns.
    I'm an accountant, I didn't state which type of accountant. Forensic, BTW. Filing our tax returns is something I've done for 22 years, and certainly doesn't make me a tax professional.

    You may think it's silly, which is your prerogative.

    I see this as inefficient utilization of time. If it is done correctly from the start, no more time will ever be needed to spend on it again.

    Thank you for all of your comments and suggestions, and little jabs. I prefer to deal with people who like to help people with the first two of the previous sentence, and not with people who like to poke at other people they know nothing about. Professionalism, even in forums such as these, will gain respect, not criticisms of the type above.

    You are free to say and think whatever you like, of course. I would never try to say you should not make comments like the ones you have. You have every right of freedom of speech and thought.

    Thanks again for all the helpful comments from those who have made them.

  8. #8
    Join Date
    Oct 2006
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    16,474

    Default Re: How Do We Get Annual 1098 Int and Real Est. Tax Forms Sent to the Right Person

    Quote Quoting Jane0218
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    I'm an accountant, I didn't state which type of accountant. Forensic, BTW. Filing our tax returns is something I've done for 22 years, and certainly doesn't make me a tax professional.

    You may think it's silly, which is your prerogative.

    I see this as inefficient utilization of time. If it is done correctly from the start, no more time will ever be needed to spend on it again.

    Thank you for all of your comments and suggestions, and little jabs. I prefer to deal with people who like to help people with the first two of the previous sentence, and not with people who like to poke at other people they know nothing about. Professionalism, even in forums such as these, will gain respect, not criticisms of the type above.

    You are free to say and think whatever you like, of course. I would never try to say you should not make comments like the ones you have. You have every right of freedom of speech and thought.

    Thanks again for all the helpful comments from those who have made them.
    What I am trying to get across to you is that there is virtually no chance that you are going to get the mortgage company to do it your way...AND, any problem you might have in the future is incredibly simple to resolve. Therefore your angst about this makes no sense.

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