RECIPIENT'S/LENDER'S name, address and telephone number * Caution: The amount shown
Wells Fargo Bank N.A. may not be fully deductible by OMB No. MORTGAGE
01/02/22 you. Limits based on the loan
Return Mail Operations
amount and the cost and value
1545-1380 INTEREST
PO Box 14411
Des Moines IA 50306-3411
of the secured property may
apply. Also, you may only
2021 STATEMENT
deduct interest to the extent it
was incurred by you, actually Form
paid by you, and not 1098 Copy B
We accept telecommunications relay service calls. reimbursed by another person.
Phone #: 1-800-222-0238 For Payer/
Fax #: 1-866-278-1179 CORRECTED (if checked) RECIPIENT'S/LENDER'S TIN Borrower
94-1347393
The information in boxes
PAYER'S/BORROWER'S TIN
PAYER'S/BORROWER'S name, street address, city, state and ZIP code 1 through 9 and 11 is
XXX-XX-9077 important tax information
and is being furnished to
1 Mortgage Interest received from the IRS. If you are
payer(s)/borrower(s)* $3,572.94 required to file a return, a
ERNESTO J CUEVAS 2 Outstanding mortgage 3 Mortgage negligence penalty or
other sanction may be
3130 N LAKE SHORE DR APT 2007
NNNNNNNNNN
principal (See instructions) origination date
imposed on you if the IRS
CHICAGO, IL 60657-4924 $93,408.33 07/12/2013 determines that an
4 Refund of overpaid 5 Mortgage insurance underpayment of tax
interest premiums results because you
overstated a deduction for
$0.00 $1,057.56 this mortgage interest or
6 Points paid on purchase of principal residence for these points, reported
in boxes 1 and 6; or
$0.00 because you did not
7 The address of the property securing the mortgage report the refund of
will be entered in box 8 and may be the same as interest (box 4); or
PAYER'S/BORROWER'S address. because you claimed a
non-deductible item.
See box 8 below.
Mortgage information as of 12/31/2021 (See instructions) 8 Address or description of property securing mortgage
$90,765.15 Ending principal balance 402 RUNNING BROOK RD
BIRMINGHAM, AL 35226
9 Number of properties 11 Mortgage acquisition
10 Real estate taxes
securing the mortgage date
$838.40 Total current payment Account number
$1,581.23
$320.39 Escrow portion of payment 0361501554
Form 1098 SEE BACK SIDE FOR IMPORTANT INFORMATION (Keep for your records.) [Link]/Form1098 Department of the Treasury - Internal Revenue Service
Please consult a Tax Advisor about the deductibility of any payments made by you or others.
Box 2. Shows the outstanding principal on the mortgage as of January 1, 2021. If the mortgage originated in 2021, shows the mortgage
principal as of the date of origination. If the recipient/lender acquired the loan in 2021, shows the mortgage principal as of the date of
acquisition.
-------------------------------------------------------- 2021 INTEREST DETAIL --------------------------------------------------------
TOTAL INTEREST APPLIED 2021 $3,572.94
2021 MORTGAGE INTEREST RECEIVED FROM PAYER/BORROWER(S) $3,572.94
If you have questions about your loan, you can use the number listed at the top of this statement.
By selecting one of the options listed, you can receive information regarding:
- Taxes paid year-to-date - Interest paid year-to-date
- The amount & date of your last payment - Other valuable information
We issue tax documents to the primary account owner.
Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A., believes Customers come first. You can always count on us
to provide the excellent service you've come to expect.
Retain This 1098 With Your Important Tax Records
Please consult a Tax Advisor about the deductibility of any payments made by you or others .
Instructions for Payer/Borrower
A person (including a financial institution, a governmental unit, Box 3. Shows the date of the mortgage origination.
and a cooperative housing corporation) who is engaged in a trade
or business and, in the course of such trade or business, received Box 4. Do not deduct this [Link] is a refund (or credit) for
from you at least $600 of mortgage interest (including certain overpayment(s) of interest you made in a prior year or years. If you itemized
points) on any one mortgage in the calendar year must furnish deductions in the year(s) you paid the interest, you may have to include part
this statement to you. or all of the box 4 amount on the “Other income” line of your 2021 Schedule 1
(Form 1040). No adjustment to your prior year(s) tax return(s) is necessary. For
If you received this statement as the payer of record on a mortgage more information, see Pub. 936 and Itemized Deduction Recoveries in Pub. 525.
on which there are other borrowers, furnish each of the other
borrowers with information about the proper distribution of Box 5. If an amount is reported in this box, it may qualify to be treated as
amounts reported on this form. Each borrower is entitled to deductible mortgage interest. See the 2021 Schedule A (Form 1040) instructions
deduct only the amount he or she paid and points paid by the and Pub. 936.
seller that represent his or her share of the amount allowable as a
deduction. Each borrower may have to include in income a share Box 6. Not all points are reportable to you. Box 6 shows points you or the
of any amount reported in box 4. seller paid this year for the purchase of your principal residence that are
required to be reported to you. Generally, these points are fully deductible in
If your mortgage payments were subsidized by a government the year paid, but you must subtract seller-paid points from the basis of your
agency, you may not be able to deduct the amount of the subsidy. residence. Other points not reported in box 6 may also be deductible. See
See the instructions for Schedule A, C, or E (Form 1040) for how to report Pub. 936 to figure the amount you can deduct.
the mortgage interest. Also, for more information, see Pub.
936 and Pub. 535. Box 7. If the address of the property securing the mortgage is the same as the
payer's/borrower's, either the box has been checked, or box 8 has been
Payer's/Borrower's taxpayer identification number (TIN). completed.
For your protection, this form may show only the last four digits of
your TIN (SSN, ITIN, ATIN, or EIN). However, the issuer has Box 8. Shows the address or description of the property securing the mortgage.
reported your complete TIN to the IRS.
Box 9. If more than one property secures the loan, shows the number of
Account number. May show an account or other unique number properties securing the mortgage. If only one property secures the loan, this box
the lender has assigned to distinguish your account. may be blank.
Box 1. Shows the mortgage interest received by the recipient/lender Box 10. The dollar amount located in the Box is the tax amount we paid on
during the year. This amount includes interest on any obligation your behalf, as billed to us by your local taxing authority, and may include
secured by real property, including a mortgage, home equity loan, items other than “Real Estate Taxes". Please consult with a tax advisor on
or line of credit. This amount does not include points, government the deductibility, as we do not report this amount to the IRS and is informational
subsidy payments, or seller payments on a “buydown” mortgage. only.
Such amounts are deductible by you only in certain circumstances.
CAUTION: If you prepaid interest in 2021 that accrued in full by Box 11. If the recipient/lender acquired the mortgage in 2021, shows the date of
January 15, 2022, this prepaid interest may be included in box 1. acquisition.
However, you cannot deduct the prepaid amount in 2021 even
though it may be included in box 1. If you hold a mortgage credit Mortgage information as of 12/31/2021. The information is as of the end of
certificate and can claim the mortgage interest credit, see Form 8396. the year. If your loan was transferred to another servicer, the information would
If the interest was paid on a mortgage, home equity loan, or line of have been as of the date of the transfer.
credit secured by a qualified residence, you can only deduct the
interest paid on acquisition indebtedness, and you may be subject Future developments. For the latest information about developments
to a deduction limitation. related to Form 1098 and its instructions, such as legislation enacted after
they were published, go to [Link]/Form1098.
Box 2. Shows the outstanding principal on the mortgage as of
January 1, 2021. If the mortgage originated in 2021, shows the mortgage FreeFile. Go to [Link]/FreeFile to see if you qualify for no-cost online
principal as of the date of origination. If the recipient/lender acquired the federal tax preparation, e-filing, and direct deposit or payment options.
loan in 2021, shows the mortgage principal as of the date of acquisition.
DISPUTING ACCOUNT INFORMATION REPORTED TO CREDIT BUREAUS: We furnish information about your
account to credit bureaus. You have the right to dispute the accuracy of the information reported by writing us at Wells Fargo Home
Mortgage PO Box 10335 Des Moines, IA 50306.