This document is a Form 1099-INT showing interest income for tax year 2013. It summarizes interest earned in two bank accounts totaling $5.38. It provides details on each account, including the account numbers, interest amounts, and boxes checked. The instructions explain what various boxes on the Form 1099-INT mean and how the reported interest should be treated for tax purposes.
This document is a Form 1099-INT showing interest income for tax year 2013. It summarizes interest earned in two bank accounts totaling $5.38. It provides details on each account, including the account numbers, interest amounts, and boxes checked. The instructions explain what various boxes on the Form 1099-INT mean and how the reported interest should be treated for tax purposes.
This document is a Form 1099-INT showing interest income for tax year 2013. It summarizes interest earned in two bank accounts totaling $5.38. It provides details on each account, including the account numbers, interest amounts, and boxes checked. The instructions explain what various boxes on the Form 1099-INT mean and how the reported interest should be treated for tax purposes.
This document is a Form 1099-INT showing interest income for tax year 2013. It summarizes interest earned in two bank accounts totaling $5.38. It provides details on each account, including the account numbers, interest amounts, and boxes checked. The instructions explain what various boxes on the Form 1099-INT mean and how the reported interest should be treated for tax purposes.
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. P.O. BOX 659749 SAN ANTONIO, TX 78265 Recipient's Information Payer's Information JPMORGAN CHASE BANK NA Federal ID Number: 13-4994650 ------------------------------------- COPIES OF YOUR 2013 FORM 1099 STATEMENTS ARE AVAILABLE ONLINE AT WWW.CHASE.COM 702 COL 0702 WA CANCHEEPURAM SRIVIDYA 8000 S FEDERAL WAY BOISE, ID 83716-9632 Taxpayer ID Number: 075-78-0972
Form 1099-INT Questions Phone support: 1-800-935-9935 Original (OMB No. 1545-0112) Summary of Form 1099-INT: Interest Income
$5.38 $0.00
$0.00 $0.00 $0.00 $0.00
** Box Description 1. Interest income 2. Early withdrawal penalty 3. Interest on U.S. Savings Bonds and Treas. obligations 4. Federal income tax withheld 5. Investment expenses 6. Foreign tax paid 7. Foreign country or U.S. possession Box Description 8. Tax-exempt interest 9. Specified private activity bond interest 10. Tax-exempt bond CUSIP no. 11. State 12. State identification no. 13. State tax withheld
$0.00
$0.00 ** ** ** ** ** See Details Details of Form 1099-INT - Interest Income Account Number Account Description Box #1 Interest Income Box #2 Early With- drawal Penalty Box #3 Interest on U.S. Saving Bonds Other Boxes 837244649 $0.95 $0.00 $0.00 #4 Federal inc tax w/held $0.00 CHECKING #5 Investment Expenses $0.00 #6 Foreign tax paid $0.00 #8 Tax-exempt interest $0.00 #9 Specified private activity bond interest $0.00 #11 State ID #13 State tax withheld $0.00 8956388132 $4.43 $0.00 $0.00 #4 Federal inc tax w/held $0.00 SAVINGS #5 Investment Expenses $0.00 #6 Foreign tax paid $0.00 #8 Tax-exempt interest $0.00 #9 Specified private activity bond interest $0.00 #11 State ID #13 State tax withheld $0.00 Page 1 of 2 1099-INT Instructions for Recipient Recipient's identification number. For your protection, this form may show only the last four digits of your social security number (SSN), individual taxpayer identification number (ITIN), or adoption taxpayer identification number (ATIN). However, the issuer has reported your complete identification number to the IRS and, where applicable, to state and/or local governments. 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, qualified forestry conservation bonds, new clean renewable energy bonds, qualified energy conservation bonds, qualified zone academy bonds, qualified school construction bonds, and build America bonds that must be included in your interest income. These amounts were treated as paid to you during 2013 on the credit allowance dates (March 15, June 15, September 15, and December 15). For more information, see Form 8912, Credit to Holders of 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 all be taxable. See Pub. 550. 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 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. 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 7. Shows the country or U.S. possession to which the foreign tax was paid. Box 8. Shows tax-exempt interest 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. Box 10. Shows CUSIP number(s) for tax-exempt bond(s) on which tax-exempt interest was paid to you during the calendar year and reported in box 8. If blank, no CUSIP number was issued for the bond(s). Boxes 11-13. State tax withheld reporting boxes. 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 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. Future developments. For the latest information about developments related to Form 1099-INT and its instructions, such as legislation enacted after they were published, go to www.irs.gov/form1099int. Page 2 of 2