1099-INT


C

Charles

I received a 1099-INT but only Copy B--For Recipient. Is there another
copy that I need to file with the IRS?

Thank you,

Charles

========================================= MODERATOR'S COMMENT:
You do not attach the 1099-INT to the tax return, unless there was
federal income tax withheld, an unusual situation at best.
 
Ad

Advertisements

A

Alan

Charles said:
I received a 1099-INT but only Copy B--For Recipient. Is there another
copy that I need to file with the IRS?

Thank you,

Charles

========================================= MODERATOR'S COMMENT:
You do not attach the 1099-INT to the tax return, unless there was
federal income tax withheld, an unusual situation at best.
To the Moderator:
Only a W-2, W-2c, W-2G & 1099-R with tax withheld gets attached
to the tax form. There is no requirement to attach any other
form with withholding as those forms are not sent to taxpayers
with multiple copies.
 
A

Arthur Kamlet

To the Moderator:
Only a W-2, W-2c, W-2G & 1099-R with tax withheld gets attached
to the tax form. There is no requirement to attach any other
form with withholding as those forms are not sent to taxpayers
with multiple copies.

On the other hand I've seen CP-2000s issued where the reported
tax withheld was enough more than the W-2/1099R tax withheld.

Maybe attaching a 1099INT will still not solve the problem but
it might.


The average taxpayer still gets upset when receiving IRS Notices.
 
C

CMS, VA CPA

No.

--
Charles M. Shanes, CPA
Charles M. Shanes CPA, LLC
Richmond, VA
QuickBooks ProAdvisor
Microsoft MPAN Member for SBA
www.shanescpa.com
(e-mail address removed)
 
C

Charles

========================================= MODERATOR'S COMMENT:
You do not attach the 1099-INT to the tax return, unless there was
federal income tax withheld, an unusual situation at best.
To the Moderator:
Only a W-2, W-2c, W-2G & 1099-R with tax withheld gets attached
to the tax form. There is no requirement to attach any other
form with withholding as those forms are not sent to taxpayers
with multiple copies.[/QUOTE]

That is what I thought was probably the case--thank you for the
confirmation.

Charles
 
Ad

Advertisements

D

D. Stussy

Charles said:
I received a 1099-INT but only Copy B--For Recipient. Is there another
copy that I need to file with the IRS?
The issuer of the 1099 files a copy with the IRS. As recipient, you don't.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

1099-INT 4
1099-INT 1
$0.00 on 1099-INT 2
1099-INT Record 4
1099-INT - Joint account 4
1099-INT Copy C 5
nominee interest 1099-INT 0
USA 1099-Int - Do I Issue?? 1

Top