1099-INT

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1099-INT

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.

1099-INT

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.
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The software includes different attributes, comprising QuickBooks integration, letter-writing, conversation log, fully incorporated document imaging and management system, contact management, reminder system, user defined fields, RESPA compliant escrow administration, limitless unpaid charges per loan, payment processing (NSFs, payoffs, and the like.), complete year-end tax reporting (1098s, 1099-INTs, Canadian T5s), integrated financial calculator, and context-sensitive help assistant, along with at least 11-hour software support on a daily basis.