IRS and the Interest Deduction

[msmith1199]

Anybody else having issues with the IRS on the mortgage interest deduction for the motorhome as a second home? My motorhome is financed through Wells Fargo Bank. For the entire life of the loan they have never sent me a 1098 for the Interest. I just get an end of year statement with the total interest paid, and I take the deduction. A couple of months ago I got a letter from the IRS with a bill and an explanation that the 1098's that were reported to them for mortgage interest do not match the amount I reported. They said to send in a written explanation if I didn't agree.

So I prepared the written explanation and attached a copy of my end of year statement and sent it all in. Well today I get the same letter saying based on my response I still owe them $1100. They say the documents I sent don't support the deduction.

Anybody else have this problem? Does your lender send you a 1098 for mortgage interest on the motorhome?

On Edit: I should have said form 1098 and not 1099 so I changed them.

[mikeintn]

I bet the bank puts a copy online to be printed by the owner instead of mailing the out to everyone. Call the bank and see if that's the case.

[msmith1199]

rctour wrote:
Simple, send them a copy of the 1099-int that you received from the lender that supports what you claimed!

Come on, really?

[ezgoin]

The OP said he never has received a1099-int.

[rctour]

Simple, send them a copy of the 1099-int that you received from the lender that supports what you claimed!