turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

THTZOU
Returning Member

Is my bank required to send a 1099-INT to me?

I received over $100 in interest in 2022, but my bank refused to issue me a 1099-INT. I am a resident for tax purposes in the U.S., and am required to file a 1040 tax return. My bank operates in the Mid-Atlantic.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
MonikaK1
Expert Alumni

Is my bank required to send a 1099-INT to me?

If a bank, financial institution, or other entity pays you at least $10 of interest during the year, it is required to prepare a Form 1099-INT, send you a copy by January 31, and file a copy with the IRS.

 

See this TurboTax tips article for more information regarding Form 1099-INT.

 

See also this IRS tips article regarding the requirement to provide Form 1099-INT and how to proceed if you haven't received it.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ee-ea
Level 15

Is my bank required to send a 1099-INT to me?

Is my bank required to send a 1099-INT to me?

you don't need that form to report your interest from a bank or any other institution or person.

@THTZOU 

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question