Instructions for 1099 INT and 1099-OID
1099-OID instructions etc below:
Instructions 1099-INT
To whom you paid reportable amounts reportable in boxes 1, 3, and 8 of at least $10.00,
or at least $600.000 of interest paid in the course of your trade or business described in the instructions for
Box 1. (Interest income on page 2)
of the instructions.
... etc.
Download the Instructions for Form 10990-INT, it is a .pdf file.
The instructions form is 7 pages long.
The sections to fill out on the 1099-INT form are:
- Payers - Name, address, city, state etc.
- Payers Federal Identification Number
- Recipients Identification number
- Recipients name, address, city, state, zip
- Account number (see instructions)
- Payers RTN (optional)
- Interest Income
- Early withdrawal penalty
- Federal Income Tax withheld
- Investment expenses ( see instructions to clarify)
- Foreign Tax paid
- Foreign country or US possession
- Tax exempt interest
- Specified private activity bond interest
- Tax exempt bond CUSIP number
- State
- State ID number
- State Tax withheld
Download the 1099-INT form to better understand what it looks like.
(Not for filing)
Instructions 1099-OID
Download the Form1099-OID. (Not for filing)
The form 1099-OID refers to the Original Issue Discount
Included in the Form 1099-OID instructions.
The sections to fill out on the 1099-OID form are:
- Payers - Name, address, city, state etc.
- Payers Federal Identification Number
- Recipients Identification number
- Recipients name, address, city, state, zip
- Account number (see instructions)
- Original Issue discount for (year)
- Other periodic interest
- Early withdrawal penalty
- Federal Income Tax withheld
- Original issue discount of U.S. Treasury obligations
- Investment expenses (see instructions to clarify)
- State
- State ID number
- State tax withheld
You can avoid the paper problems and use |