Form 1099-OID is a bit more obscure than most other ... keep track of taxable interest income you must report on your tax return. Do I need to report my 1099-INT on my return?

Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...

Therefore, it must be reported on the taxpayer's return, and tax must be paid on it. The lender must also send the debtor a copy of the form. Form 1099-C reports canceled or forgiven debts of $600 ...

Form 1099-Q will be issued to the beneficiary student. Any taxable amount of the distribution will be reported on the beneficiary’s income tax return. Distributions used to pay for nonqualified ...