1099–INT

Interest income not included in Box 3

Specify the minimum amount that you report for 1099-INT Box 1, Interest income not included in box 3. The system does not report a 1099 if the payee's amount for this box is under the minimum, unless an amount is reported in 1099-INT Box 4 (Federal income tax withheld) or Box 6 (Foreign tax paid). The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.

Interest on U.S. Savings Bonds and Treasury obligations (Box 3)

Specify the minimum amount that you report for 1099-INT Box 3, Interest on U.S. Savings Bonds and Treas. (treasury) obligations. The system does not report a 1099 if the payee's amount for this box is under the minimum, unless an amount is reported on 1099-INT Box 4 (Federal income tax withheld) or Box 6 (Foreign tax paid). The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS require.

Tax-exempt Interest

Specify the minimum amount that you report for 1099-INT Box 8, Tax-exempt interest. The system does not report a 1099 if the payee's amount for this box is under the minimum, unless an amount is reported in 1099-INT Box 4 (Federal income tax withheld) or Box 6 (Foreign tax paid). The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.

Specified private activity bond interest

Specify the minimum amount that you report for 1099-INT Box 9, Specified private activity bond interest. The system does not report a 1099 if the payee's amount for this box is under the minimum, unless an amount is reported in 1099-INT Box 4 (Federal income tax withheld) or Box 6 (Foreign tax paid). The Instructions for Forms 1099, 1098, 5498, and W-2G specify the minimum amount that the IRS requires.