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I closed on my home in Feb,2010. Paid taxes and interest (shown on the HUD).
My loan was transfered to BOA in March , 2010. I have received 1098 that shows 0 for taxes ( my County has billed the buider for last year taxes) and the interest on 1098 does not include the intrest paid at the time of closing.
Can i still claim the taxes and intrest shown on HUD while filing tax returns even though 1098 does not show them.
Thanks.
You are probably still waiting on another form. If the loan was transfered to BofA then they would not have the interest on file paid initially. Anything that YOU paid and you can document you would be able to write off. The initial bank that wrote your loan should be sending you an additonal tax form.
You should bring the 1098 tax forms along with the Final HUD-1 settlement statement to your tax preparer.