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The 1099 that I received from my bank for taxable interest income blanks out most of its employer id # and only provides the last 4 digits. Effect on my tax return?

Wonder what the effect will be when I want to electronically submit the tax return
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1 Reply
rjs
Level 15
Level 15

The 1099 that I received from my bank for taxable interest income blanks out most of its employer id # and only provides the last 4 digits. Effect on my tax return?

The Employer ID number is not required for interest income. All you have to enter is the payer's name and the amount of interest. The federal tax return doesn't even have a place to enter the Employer ID number.

 

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