FAQs on Form 1099 Series

What is the FATCA Filing Requirement?

The FATCA Filing Requirement is implemented when banks issue 1099-INT forms. This checkbox, which can be found on the Form, is only checked when the payer is reporting its chapter 4 account requirement on Form 1099.

If the 1099-INT Form does not apply to your business, disregard the FATCA Filing Requirement.

Last modified 05 Jan 2018 05:01 EST

Related Questions

What is Form 1099?

What Variations of Form 1099 Does TaxBandits Support?

What Are the Due Dates Associated with Form 1099?

What Types of Payment Are Reported On Form 1099?

How Do I Obtain a Payee's Taxpayer Identification Number (TIN) for Form 1099?

Success Starts with TaxBandits

The Smart Business Owners Choice