Tax Season is Here!

RoundPoint Mortgage Servicing LLC has made it both easy and secure to access your 2023 IRS Tax Forms (1098/1099) for your tax return.

Here's a Look at What to Expect:

We know tax season is upon us and it's very important RoundPoint gives you everything you need in a timely fashion. We’ve made it easy and secure to access your 2023 IRS Tax Forms (1098/1099) for your tax return.

Between January 15, 2024 and January 31, 2024 RoundPoint will mail the 2023 IRS Tax Forms. Once mailed, the IRS Tax Form will be available electronically within Servicing Digital. 

Please Note: If your loan transferred to RoundPoint in 2023, you will receive multiple IRS Tax Forms: one from RoundPoint and another from your prior servicer(s).

If you haven’t already, please sign up to access your IRS Tax Forms electronically via Servicing Digital.


How to Access Your IRS Tax Forms Electronically

STEP 1:

Sign into Servicing Digital

> If you haven’t already, sign up for Servicing Digital here

STEP 2: 

> Select "Account Management"

STEP 3: 

> Select "Document Center"

- Your IRS Tax Forms can be found under "Tax Statements"

Frequently Asked Questions

All 2023 IRS Tax Forms will be mailed on or before January 31, 2024.

All IRS Tax Forms will be mailed on or before January 31, 2024.

Once mailed, IRS Tax Forms can be accessed electronically via Servicing Digital.

 

A customer may receive two IRS Tax Forms when:

- The mortgage loan was transferred within the year

- A correction has been made to the IRS Tax Form

* Corrected IRS Tax Forms can be distinguished by an X in the “Corrected” box

Per IRS guidance, RoundPoint reports the 1098 in the primary mortgagor’s name; i.e., the name of the first Note signer.
Up to 13 interest payments can be reported on the 1098 within one year.

- Per IRS guidance, 13 total reportable interest payments can be reported on the 1098 
 

Triggered by interest, points, or Mortgage Insurance paid on a mortgage loan in 2023.

Per IRS guidance, RoundPoint Mortgage Servicing LLC reports the 1098 in the primary mortgagor’s name; i.e., the name of the first Note signer .

Customers may receive two 1098s when:

  - The mortgage loan was transferred within the year
 
- A correction is made to the 1098 

Corrected 1098s can be distinguished by an X in the “Corrected” box.

Boxes 1-9 and 11 are IRS reportable.

- Box 10, Other Real Estate Taxes Paid, is for informational purposes only

- This box is not IRS reportable 1098 corrections will not be made to update this amount.

Up to 13 interest payments can be reported within one year.

1098s can be accessed via Servicing Digital on or before January 31, 2024.

 
Triggered by foreclosure sale or Deed in Lieu.
 
A separate 1099-A will be sent to all necessary customers.
 

Triggered by a cancellation of debt.

A separate 1099-C will be sent to all necessary customers.

 

Triggered by interest on escrow received for specific states:

- California 
- Connecticut 
- Maine
- Maryland (Subserviced Loans Only)
- Massachusetts
- Minnesota (Loans originated prior to 07/01/1996)
- New York 
- Oregon
- Rhode Island
- Vermont 

One 1099-INT will be sent for each applicable loan.

Per IRS guidelines, a 1099-INT will not generate if the interest amount reported is less than $10.

 

A 1099-MISC can be sent to a customer or payee.

- Not all recipients of this form have a mortgage loan with RoundPoint.

 

A 1099-NEC can be sent to a customer or escrow payee.

- Not all recipients of this form have a mortgage loan with RoundPoint.