If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...
When it comes to managing your taxes, understanding the forms you receive is half the battle. Among these, Form 1099-INT stands out if you’ve had any dealings with interest income over the past year.
Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia / ...
If you receive a form 1099-INT in the mail, count yourself lucky. Sure, it's another tax document to keep track of, but it's also an accomplishment: It means you probably earned more than $10 in ...
Here's what you should know about the form 1099-INT, Interest Income: A form 1099-INT, Interest Income, is used to report interest payments made or attributable to you. That's easy enough - but the ...
If you receive a 1099-INT, the tax form that reports most payments of interest income, learn if you have to pay taxes on the interest it reports. • Form 1040-SR is a large-print version of Form 1040 ...
A classically trained French hornist by education, Nick Wolny is a managing editor at CNET Group, where he oversees the Perspectives franchise and written branded content across CNET Group's ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Millions of Forms 1099 are sent out every year. Most arrive in ...
When tax season rolls around, one of the most common documents taxpayers receive is Form 1099-INT. This form, issued by banks, credit unions and other financial institutions, reports interest income ...