Form 1099-INT Interest Income

Attention:
Do not download, print, and file Copy A with the IRS.
Copy A appears in red, similar to the official IRS form,
but is for informational purposes only. A penalty of $50 per
information return may be imposed for filing copies of forms
that cannot be scanned.
You may order these forms online at Forms and Publications
By U.S. Mail (http://www.irs.gov/formspubs) or by calling
1-800-TAX FORM (1-800-829-3676).
See IRS Publications 1141, 1167, 1179, and other IRS
resources for information about printing these tax forms.

9292

VOID

CORRECTED

PAYER’S name, street address, city, state, ZIP code, and telephone no.

Payer’s RTN (optional)

OMB No. 1545-0112

2007

1 Interest income

$

Interest Income

2 Early withdrawal penalty

$
PAYER’S federal identification number

RECIPIENT’S identification number

Form

1099-INT

3 Interest on U.S. Savings Bonds and Treas. obligations

$
RECIPIENT’S name

Street address (including apt. no.)

4 Federal income tax withheld

5 Investment expenses

$

$

6 Foreign tax paid

7 Foreign country or U.S.
possession

$
City, state, and ZIP code

Account number (see instructions)

Form

1099-INT

8 Tax-exempt interest

9 Specified private activity
bond interest

$

$

2nd TIN not.

Cat. No. 14410K

Do Not Cut or Separate Forms on This Page

—

Copy A
For
Internal Revenue
Service Center
File with Form 1096.
For Privacy Act
and Paperwork
Reduction Act
Notice, see the
2007 General
Instructions for
Forms 1099, 1098,
5498, and W-2G.

Department of the Treasury - Internal Revenue Service

Do Not Cut or Separate Forms on This Page

CORRECTED (if checked)
PAYER’S name, street address, city, state, ZIP code, and telephone no.

Payer’s RTN (optional)

OMB No. 1545-0112

2007

1 Interest income

$

Interest Income

2 Early withdrawal penalty

$
PAYER’S federal identification number

RECIPIENT’S identification number

Form

1099-INT

3 Interest on U.S. Savings Bonds and Treas. obligations

$

For Recipient

RECIPIENT’S name

4 Federal income tax withheld

$

$

Street address (including apt. no.)

6 Foreign tax paid

7 Foreign country or U.S.
possession

City, state, and ZIP code

8 Tax-exempt interest

9 Specified private activity
bond interest

$

$

$

5 Investment expenses

Account number (see instructions)

Form

1099-INT

(keep for your records)

Copy B
This is important tax
information and is
being furnished to the
Internal Revenue
Service. If you are
required to file a return,
a negligence penalty or
other sanction may be
imposed on you if this
income is taxable and
the IRS determines that
it has not been
reported.

Department of the Treasury - Internal Revenue Service

Instructions for Recipient
Account number. May show an account or other unique number the
payer assigned to distinguish your account.
Box 1. Shows taxable interest paid to you during the calendar year
by the payer. This does not include interest shown in box 3. May
also show the total amount of the credits from clean renewable
energy bonds and Gulf tax credit bonds that must be included in
your interest income. These amounts were treated as paid to you
during 2007 on the credit allowance dates (March 15, June 15,
September 15, and December 15). For more information, see Form
8912, Credit for Clean Renewable Energy and Gulf Tax Credit
Bonds.
Box 2. Shows interest or principal forfeited because of early withdrawal of time savings. You may deduct this amount to figure your
adjusted gross income on your income tax return. See the instructions for Form 1040 to see where to take the deduction.
Box 3. Shows interest on U.S. Savings Bonds, Treasury bills, Treasury bonds, and Treasury notes. This may or may not be all taxable.
See Pub. 550, Investment Income and Expenses. This interest is
exempt from state and local income taxes. This interest is not included in box 1.
Box 4. Shows backup withholding. Generally, a payer must backup
withhold at a 28% rate if you did not furnish your taxpayer identification number (TIN) or you did not furnish the correct TIN to the
payer. See Form W-9, Request for Taxpayer Identification Number
and Certification, for information on backup withholding. Include this
amount on your income tax return as tax withheld.

Box 5. Any amount shown is your share of investment expenses of a
single-class REMIC. If you file Form 1040, you may deduct these
expenses on the “Other expenses” line of Schedule A (Form 1040)
subject to the 2% limit. This amount is included in box 1.
Box 6. Shows foreign tax paid. You may be able to claim this tax as
a deduction or a credit on your Form 1040. See your Form 1040
instructions.
Box 8. Shows tax-exempt interest, including exempt-interest
dividends from a mutual fund or other regulated investment
company, paid to you during the calendar year by the payer. Report
this amount on line 8b of Form 1040 or Form 1040A. This amount
may be subject to backup withholding. See box 4.
Box 9. Shows tax-exempt interest subject to the alternative minimum
tax. This amount is included in box 8. See the Instructions for Form
6251, Alternative Minimum Tax—Individuals.
Nominees. If this form includes amounts belonging to another
person(s), you are considered a nominee recipient. Complete a Form
1099-INT for each of the other owners showing the income allocable
to each. File Copy A of the form with the IRS. Furnish Copy B to
each owner. List yourself as the “payer” and the other owner(s) as
the “recipient.” File Form(s) 1099-INT with Form 1096, Annual
Summary and Transmittal of U.S. Information Returns, with the
Internal Revenue Service Center for your area. On Form 1096 list
yourself as the “filer.” A husband or wife is not required to file a
nominee return to show amounts owned by the other.

VOID

CORRECTED

PAYER’S name, street address, city, state, ZIP code, and telephone no.

Payer’s RTN (optional)

OMB No. 1545-0112

1 Interest income

2007

$

Interest Income

2 Early withdrawal penalty

$
PAYER’S federal identification number

RECIPIENT’S identification number

Form

1099-INT

3 Interest on U.S. Savings Bonds and Treas. obligations

$
RECIPIENT’S name

Street address (including apt. no.)

4 Federal income tax withheld

5 Investment expenses

$

$

6 Foreign tax paid

7 Foreign country or U.S.
possession

$
City, state, and ZIP code

Account number (see instructions)

Form

1099-INT

8 Tax-exempt interest

9 Specified private activity
bond interest

$

$

2nd TIN not.

Copy C
For Payer
For Privacy Act
and Paperwork
Reduction Act
Notice, see the
2007 General
Instructions for
Forms 1099,
1098, 5498,
and W-2G.

Department of the Treasury - Internal Revenue Service

Instructions for Payers
General and specific form instructions are provided as
separate products. The products you should use to complete
Form 1099-INT are the 2007 General Instructions for Forms
1099, 1098, 5498, and W-2G and the 2007 Instructions for
Forms 1099-INT and 1099-OID. To order these instructions
and additional forms, visit the IRS website at www.irs.gov, or
call 1-800-TAX-FORM (1-800-829-3676).
Caution: Because paper forms are scanned during
processing, you cannot file with the IRS Forms 1096, 1098,
1099, or 5498 that you download and print from the IRS
website.

Forms 1099-INT and 1098. If you received mortgage interest
in the course of your trade or business, you may have to
report it to the payer of such mortgage interest and to the
IRS on Form 1098, Mortgage Interest Statement. Do not
report mortgage interest to the payer on Form 1099-INT. See
the instructions for Form 1098 for information on reporting
mortgage interest.

Due dates. Furnish Copy B of this form to the recipient by
January 31, 2008.

Foreign recipient. If the recipient is a nonresident alien, you
may have to withhold federal income tax and file Form
1042-S, Foreign Person’s U.S. Source Income Subject to
Withholding. See the Instructions for Form 1042-S and Pub.
515, Withholding of Tax on Nonresident Aliens and Foreign
Entities.

File Copy A of this form with the IRS by February 28, 2008.
If you file electronically, the due date is March 31, 2008. To
file electronically, you must have software that generates a
file according to the specifications in Pub. 1220,
Specifications for Filing Forms 1098, 1099, 5498, and W-2G
Electronically or Magnetically. IRS does not provide a fill-in
form option.

Need help? If you have questions about reporting on Form
1099-INT, call the information reporting customer service site
toll free at 1-866-455-7438 or 304-263-8700 (not toll free).
For TTY/TDD equipment, call 304-267-3367 (not toll free).
The hours of operation are Monday through Friday from 8:30
a.m. to 4:30 p.m., Eastern time. The service site can also be
reached by email at [email protected].