Access our resource center for more
information about tax relief due to
COVID-19. Visit Now

FAQs on Form 1099 INT

When is Payment of Interest Made in Regards to Form 1099-INT?

When it is credited or set apart for a person without any substantial limitation or restriction as to the time, manner, or condition of payment. The interest must be made available so that it may be drawn on at any time and its receipt brought within the control and disposition of the person.

Last modified 26 Jul 2017 16:07 EST

Success Starts with TaxBandits

The Smart Business Owners Choice