1099-INT

Description and Definition of 1099-INT

Form 1099-INT is a statement of interest income sent to you by payers of interest, such as banks and savings institutions. The 1099-INT summarizes your interest income for the year. The 1099-INT is also used to report other tax items related to your interest income, such as early withdrawal penalties and federal tax withheld.

Resources

See Also

Further Reading

• 1099-INT in the West's Tax Law Dictionary
• 1099-INT in “A Dictionary of Taxation”