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WorldSharp™ 1099 Preparation System
The WorldSharp™ 1099 Preparation System is used to import, enter, print and electronically report all 1099 forms. It has a robust data import capability. It prints data on preprinted forms or prints data and forms on blank paper. It allows you to file electronically with the IRS. The single user version is $89.95 and electronic filing and every form except 1042-S is included with every system.
Supported Forms (Select form for details)
1098
Mortgage Interest Statement
Form 1098 is used to report mortgage interest of $600 or more. Filing this form may be required by the person or entity receiving the mortgage interest or by a third party collecting payments on behalf of the lender. This applies even though the interest recipient classifies the obligation as other than a mortgage, for example, as a commercial loan.
Form 1098 recipients are generally the payer of the interest on the mortgage loan.
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