1099 Forms Guide & Resources

Everything you need to know about filing 1099s, W-2s, and other tax forms for your business

Overview

File Form 1099-INT Online – Interest Income Reporting Made Easy

Form 1099-INT  is used to report interest income of $10 or more paid by banks, credit unions, and financial institutions.

Our eFile system ensures you meet IRS requirements quickly and securely.

What Is 1099-INT?

Form 1099-INT reports interest payments made to individuals or businesses during the tax year.

Who Must File a 1099-INT Form?

You must file if you paid:

  • $10 or more in interest to any person or entity
  • Interest withheld under backup withholding rules

Information Needed to Complete a 1099-INT

  • Payer details: name, address, TIN
  • Recipient details: name, SSN/EIN, address
  • Interest income amounts
  • Any federal tax withheld

How to eFile 1099-INT Online Easily

  • Upload payer and recipient data
  • Enter interest income details
  • Validate with built-in checks
  • Submit directly to IRS
  • Deliver copies to recipients

Common Mistakes to Avoid

  • Forgetting to report interest under $10
  • Using incorrect recipient SSNs
  • Late submissions

IRS 1099-INT Deadlines & Filing Penalties

  • Recipient copies: January 31
  • IRS paper filing: February 28
  • IRS eFile: March 31

Late or inaccurate filings may result in penalties of $50–$290 per form.

Why eFile Your 1099-INT Form With Us?

  • IRS-approved secure eFiling
  • Bulk upload support
  • Automatic recipient delivery

Frequently Asked Questions

What is Form 1099-INT used for?
To report taxable and tax-exempt interest income of $10 or more.

Do banks have to issue 1099-INT forms?
Yes, if they paid $10 or more in interest.

Can I file multiple 1099-INTs at once?
Yes, bulk filing is supported.

Do individuals ever file 1099-INT?
No, only institutions that pay interest.

What happens if I miss the filing deadline?
The IRS may assess per-form penalties.

Start Filing Your 1099-INT Forms Online Today

Stay compliant with IRS requirements. Start filing 1099-INT forms today.