Earned interest from savings accounts, CDs, or bonds in 2025? Filing Form 1099-INT is required. Submit it by the February 02, 2026 deadline to remain IRS-compliant and avoid penalties.
Form 1099-INT Interest Income Deadline Feb 02, 2026. Call +1-866-513-4656 for guidance.
Understanding Form 1099-INT
Form 1099-INT reports interest income earned from banks, credit unions, and other financial institutions. All interest income, whether received in cash or accrued, is taxable by the IRS.
Sources of Interest Income
- Checking and savings accounts
- Certificates of Deposit (CDs)
- U.S. Savings Bonds
- Other interest-bearing accounts or investments
Important Deadlines
- Recipient Deadline: February 02, 2026
- Tax Year: 2025
Receiving your 1099-INT on time is critical for accurate tax reporting. Call +1-866-513-4656 if your form is missing or contains errors.
How to Report Interest Income
- Verify Your Form: Check payer info, interest amounts, and federal tax withheld.
- Report on Form 1040: Enter total interest income on Line 2b of Form 1040.
- Include All Interest: Even small amounts must be reported to stay compliant.
- File Electronically or by Paper: E-filing is recommended for accuracy and speed.
Penalties for Late or Incorrect Filing
- IRS fines for underreporting interest income
- Interest on unpaid taxes
- Possible IRS audits or notices
Tips for Smooth 1099-INT Filing
- Keep all bank and investment statements organized
- Double-check interest amounts before filing
- File early to avoid errors and last-minute issues
- Consult experts if you have multiple interest sources
Final Takeaway
Filing your Form 1099-INT for interest income by February 02, 2026 ensures IRS compliance, avoids penalties, and maintains accurate tax reporting.
Call +1-866-513-4656 for professional help with 1099-INT filing and reporting interest income.
FAQs
1. What if I don’t receive my 1099-INT?
Contact your bank or financial institution immediately. If unresolved, estimate and report the income. Call +1-866-513-4656 for guidance.
2. Is interest income taxable if not received in cash?
Yes, all accrued interest income is taxable by the IRS even if not withdrawn.
3. Do I need to report small interest amounts?
Yes, all interest income must be reported to remain IRS-compliant.
4. Can I e-file 1099-INT?
Yes, e-filing is faster, safer, and recommended by the IRS.
