
1099-INT
Interest Income - 2021
Form 1099-INT reports earned interest of $10 or more from financial accounts.
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What is a 1099-INT form?
Form 1099-INT reports earned interest of $10 or more from financial accounts.
- Gather all bank and financial account records.
- Verify total interest earned ($10+).
- Enter payer and recipient information.
- Enter taxable interest in Box 1.
- Enter tax-exempt or other categorized interest if applicable.
- Review and file with IRS and send to recipient.
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