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#2073054 - 04/08/16 03:24 PM 1098
OpsGenie Offline
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Joined: Jan 2014
Posts: 20
We have a borrower that is a foreign national and a joint borrower that is US resident. The 1098 produced under the borrower who is foreign. The borrower is requesting this be reported under the joint borrower that is a US resident. Can this be done?

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#2073080 - 04/08/16 04:16 PM Re: 1098 OpsGenie
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,394
Galveston, TX
You report on the primary borrower that you designated at the time the loan is set up. How they choose to divvy up the interest for tax reporting is up to them.
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