B-001 1098 and 1099 IRS Reporting for 2021
Florida Capital Bank, N.A. (FLCBank) will have all 1098 and 1099 IRS reporting for 2021 mailed/postmarked by January 31, 2022, the deadline date. Please allow ample time for the postmaster to deliver prior to contacting FLCBank.
1098 Reporting
For loans closed in Florida Capital Bank name:
- The broker will not be responsible for reporting any items
- FLCBank will report all applicable amounts (including points and interest) it received from the borrower in 2021
Other Items that FLCB will report:
- Interest from interim payments received by FLCB in 2021 from the borrower
- Any MIP premiums received from the borrower by FLCB during 2021