Form 1099-INT reports savings interest. Often issued with a 1099-DIV, 1099-OID, or 1099-R, you may not owe tax. But it’s important to report the amount in case you do. However, if your income ...
1099-OID: You might receive Form 1099-OID if you bought bonds, notes or other financial instruments at a discount to the face value or redemption value at maturity. Typically, the instrument must ...
Form 1099-OID is a bit more obscure than most other 1099s, and many investors will never even receive one. The “OID” in Form 1099-OID refers to “original issue discount,” which is a ...
TurboTax offers a Free Edition* that allows you to report W-2 and limited 1099-INT/1099-DIV/1099-OID income. You can’t ...
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