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2007-02-06 13:45:43 · 4 answers · asked by rundel_hutch 1 in Business & Finance Taxes United States

4 answers

Only one, but just so you know, it doesn't matter how many copies you get you don't need them unless there are incoem taxes withheld (then you would have to attach them to your return) since you have to report your interest income whether you get 1099's or not.

I have seen a whole lot of people receive multiple copies of the same form because the sender didn't know any better or didn't care.

Banks and financial institutions usually get this right but they may send you a different 1099 for each account. When they do that the account number is usually on the 1099-INT. Also, you may get different copies if the name is slightly different for different accounts.

2007-02-06 13:56:45 · answer #1 · answered by Nusha 5 · 0 0

Usually one copy of the 1099-INT. Banks, financial institutions, et al. should send two or more if there is more than one name on the account.

2007-02-06 21:53:05 · answer #2 · answered by Anonymous · 0 0

You only get one 1099 of any variety form each payer. This goes in your files, your don't need to attach it to your return, even if you file on paper.

2007-02-06 21:58:00 · answer #3 · answered by STEVEN F 7 · 0 0

One only, from each payer.

2007-02-06 21:51:22 · answer #4 · answered by Bostonian In MO 7 · 0 0

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