by 
Zebulon
ANSWERS: 2
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The form contains the amount of interest paid on a mortgage for the preceding 12 months. Mortgage Interest is deductible on Schedule A of your tax return.
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Zeb, there are several versions of a 1098. They are informational returns, and the one you received is a 1098-T, Tuition Statement. This is a very valuable piece of paper, as it may qualify your girlfriend or her parents, if she is a dependent of them, to education credits. Make sure that piece of paper makes it into the hands of your girlfriend's tax preparer, or her parents' if she is a dependent of them. If she or her parents file themselves, the form and instructions you want to look at is Form 8863, "Education Credits."
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