A 1098 tax form is a form that shows how much interest and insurance was paid the year before. It also reflects if you paid points at the time of closing in the previous year.

• If you paid less than $600 for these items, you won’t receive a form.
• If you paid $600 or more, we’ll let you know when it’s ready (if you’ve signed up for alerts or notifications).

1098 forms become available by the last week of January each year within online banking and the U.S. Bank Mobile App. You can download the form for a digital copy, or you can print it if you want a paper copy. 

• If you have not gone paperless, a paper copy will be mailed to the address on file by January 31.
• Even if you haven’t gone paperless, you can still view and download the form using digital banking.
• You can use our automated phone system to get this information as well. Call us at 800-365-7772. We accept relay calls. 

More information

• The IRS requires us (U.S. Bank) to send a 1098 form only if you paid $600 or more for:
  • Private mortgage insurance.
  • Monthly interest charges.
  • Points paid at closing the year before.
• If your mortgage is with us for the entire year, the 1098 form includes all account activity from January 1 through December 31.
• If your mortgage is with us for part of the year, the 1098 form only includes the time-period in which we serviced it. For example, if the mortgage came to us June 1, then the form would include the activity from June 1 to December 31.
• To learn more, check out our video on how to access your tax documents digitally.