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Get the free 2006 Instruction 1099-INT & OID. Instructions for Forms 1099-INT and 1099-OID, I...

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Version B Page 4 of 6 of Form 1099INT 4 The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing. Instructions for Recipient Account
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Instruction 1099-INT is used by financial institutions to report interest income that has been paid to individuals.
Financial institutions and other entities that pay interest income to individuals are required to file instruction 1099-INT.
To fill out instruction 1099-INT, financial institutions must include the recipient's name, address, social security number, and the amount of interest paid.
The purpose of instruction 1099-INT is to report interest income to the IRS and to the recipient of the income.
Instruction 1099-INT must report the amount of interest income paid to the recipient during the tax year.
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