Where do 1099-INT tax forms come from?
Tuesday, February 15th, 2005
Categorized as: Savings Bond taxes
Who sends the 1099’s for interest received on savings bonds?
Tom’s response
If you cashed your Savings Bonds at a bank, you should get a copy of the 1099-INT that reports your interest income to the IRS from that bank. Some banks give it to you when you cash the bond, some send it the following January.
If you cashed your Savings Bonds by sending them to a Federal Reserve Bank, then they’ll send you a copy of the 1099-INT.
If you don’t have a 1099 by the end of January for a Savings Bond you cashed the previous year, you should check with whoever cashed it for you.
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Loading...FDIC Insured Certificates of Deposit can pay 1 or 2% more than savings bonds when held for a similar length of time. See top CD Rates Below:
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Tom Adams