Form 1098-Ma - Mortgage Assistance Payments - 2012 Page 3

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Instructions for Homeowner
Homeowner's identification number. For your protection, this
and all of the real property taxes on your main home. Second, you
form may show only the last four digits of your social security
participated in an HFA Hardest Hit Fund program in which program
number (SSN), individual taxpayer identification number (ITIN), or
payments could be used to pay mortgage interest or you
participated in an EHLP. If you meet these tests, then you may
adoption taxpayer identification number (ATIN). However, the issuer
has reported your complete identification number to the IRS and,
deduct an amount equal to the sum of all payments you actually
where applicable, to state and/or local governments.
made during the year to your mortgage servicer, the State HFA, or
HUD. However, the amount you may deduct cannot exceed the
Form 1098-MA. The information on this statement is submitted to
sum of the amounts shown on Form 1098, Mortgage Interest
the IRS by State Housing Finance Agencies (HFAs) or the
Statement, in box 1 (Mortgage interest received from payer(s)/
Department of Housing and Urban Development (HUD) to report: (1)
borrower(s)), and any real estate taxes and mortgage insurance
payments made by either HUD under the Emergency Homeowners'
premiums reported in box 4. However, you are not required to use
Loan Program (EHLP) or a State HFA under the Housing Finance
this safe-harbor method to compute your deduction for mortgage
Agency Innovation Fund for the Hardest Hit Housing Markets (HFA
interest and real property and mortgage insurance premiums taxes
Hardest Hit Fund) or the EHLP (State HFA/HUD mortgage
on your main home.
assistance payments); and (2) payments made by you (homeowner
Account Number (optional). May show an account number the filer
mortgage payments) under these programs.
has assigned to distinguish your account.
Safe-harbor deduction computation. You may use a safe-harbor
method to compute your deduction for mortgage interest and real
Box 1. Shows the total amount of State HFA/HUD mortgage
property taxes on your main home if you meet two tests. First, you
assistance payments and homeowner mortgage payments.
meet the rules to deduct all of the mortgage interest on your loan
Box 2. Shows the amount of State HFA/HUD mortgage assistance
payments.
Box 3. Shows the amount of homeowner mortgage payments you
paid to the State HFA or HUD.

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