I lost the federal 1099-INT for a previous year's interest on the refund, how to get new one?

[annon1]

I was sent a federal IRS 1099-INT for interest on a refund from an earlier year's taxes. I misplaced it. I don't remember how much was on it.

I have filed an extension for both state and federal and paid estimated state taxes (federal is a refund). How do I get a duplicate - or at least get someone to tell me what the amount was?

I discovered you can't find that information on my IRS.gov account (that would be a logical place to put a copy but then why would the IRS do anything logical?).

I realize calling the IRS Monday is hopeless (which is why I filed an extension) but then again I haven't been able to get through even when they are not in the height of the tax season. I am hoping there is another way to get it other than calling as likely I'd never get it if I have to call. 

Thank you.

[DianeW777]

I agree with your logic.  The best way to find the exact amount is to call the IRS and it's very difficult to get any assistance right now.

Their rate of interest was 3% for the second and third quarter of 2021.  You could calculate an estimated intertest amount for 2021, by taking that rate times the refund amount on your tax return for 2020 (or the year it relates to).  

For 2021:

At 16 weeks, without a tax return, the IRS will start paying interest. That interest collects until the return is sent back to the taxpayer.

• Refund x 3%/360 x number of days the IRS paid refund late (beginning from 16 weeks after May 17th until the refund was received).

[annon1]

Hi thanks for responding.

It was a 2017 tax return filed about 12 hours before it was too late to ever file (eg the 3 year deadline issue) it so I have several years of interest to figure on it. I tried repeatedly back in January to get hold of the IRS to ask a different question and never once, after 40 or so calls over 2 weeks was I able to get through so likely I will never be able to get through. It would make a lot of sense if they'd load these things to our personal IRS account but of course that makes too much sense so why would they ever bother to do that? (sigh).

Do you know where to find what the interest rate was each year so I can use an online calculator (or figure out how to work out the formula in excel) so I can do a more accurate job of figuring it out? I'd start 16 weeks after the due date that year and then I have no idea when I actually received that refund as I don't see a bank deposit date so I may well have cashed that check instead, but I could at least go midway in 2021 to figure it out. I know it was in the $400 range but have no clue how much.

 I guess if I can't ever get it I will file the federal and state, wait for them to correct it, wait until the transcript is uploaded, see the 1099-INT amount in there, then file a state amended form, and possibly die of old age before I get any money back and hope the time to file an amended form hasn't passed. 

I called the state (today no less when taxes are due and they answered me OMG who would have thought in this state?)  hoping they could look in their data base to see what it was, nothing there. They told me they sometimes get that info 2-3 YEARS later and sometimes never get it. 

Thanks again.

[jf-va]

You can try to retrieve past IRS records from their website: https://www.irs.gov/individuals/get-transcript

Might not have the interest though, good luck! (generally it is a very small number, this year i got $32 on a $9k+ refund)

[annon1]

Thanks. I looked at the transcript (I'll have to log in again to get the exact amount of the refund). The 1099-INT was around $450 or something  with nearly $5000 in a refund from 2017 where it took me 3 years to file and then more time for them to send me the refund. I was really surprised there was that much interest. Certainly better than a bank account's interest rate. Maybe I should do that each year. LOL