1099-INT(redirected from 1099 INTs)
A form one must file with the IRS declaring all the interest one receives in a year from taxable investment vehicles held at a financial institution. This includes interest on corporate bonds, savings accounts, certificates of deposit, and so forth.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
An annual statement to savers and the Internal Revenue Service that shows the amount of taxable interest payments received from an institution during the year. Interest included on 1099-INT forms includes interest paid on savings accounts, money market funds, interest-bearing checking accounts, and taxable bonds. Municipal bond interest is not included on a 1099-INT form.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.