How to electronically file a Form 1098 as a lender.
We sold our last home to our neighbors and we carried the loan for them. The loan closed December 2022. In January 2024, I sent them a Form 1098 for the interest they paid us in 2023. I file my taxes electronically using the Free Fillable Forms on the IRS website. Our taxes are very simple as we are retired. There is no electronic Form 1098 on the IRS website. (like form 1099's etc). I thought I would maybe just list the interest we received with the name of the borrowers on the Schedule B of our Form 1040, but maybe I was supposed to mail the IRS a copy of the 1098 even if I electronically file the rest of my taxes. Please advise on what I should have done. If I was supposed to mail it to somewhere, I don't know where to send it and am probably late anyhow. IRS instructions for private owner lenders like us for the Form 1098 are hard to understand. Thanks for any advice.
