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m-pierson
New Member

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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rjs
Level 15
Level 15

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?

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.

 

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1 Reply
rjs
Level 15
Level 15

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?

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.

 

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