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New Member
posted Feb 2, 2025 4:01:05 PM

What do I do if my credit union doesn't send me a 1099 and doesn't list a FEIN on my statements nor on their website?

I did receive dividends from my savings and checking accounts.

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1 Best answer
Level 15
Feb 2, 2025 7:33:34 PM

The credit union calls the money that you earned on your accounts dividends, but it is actually interest. If you earned $10 or more they have to send you a Form 1099-INT showing how much you earned. If you didn't get it yet, call the credit union and ask for it.


When you enter interest income you don't have to enter the payer's FEIN, just the payer's name and the amount of interest.

 

1 Replies
Level 15
Feb 2, 2025 7:33:34 PM

The credit union calls the money that you earned on your accounts dividends, but it is actually interest. If you earned $10 or more they have to send you a Form 1099-INT showing how much you earned. If you didn't get it yet, call the credit union and ask for it.


When you enter interest income you don't have to enter the payer's FEIN, just the payer's name and the amount of interest.