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Information about Form 1099-INT, Interest Income, including recent updates, related forms, and instructions on how to file. Form 1099-INT is used to report interest income.

74 - Income interest

Nonresident aliens are not taxed on certain kinds of interest income.

74a - Remainder interest

File Form 1099-INT, Interest Income, for each person 1) To whom you paid amounts reportable in boxes 1, 3, and 8 of at least $10 (or at least $600 of interest paid in the course of your trade or business); 2) For whom you withheld and paid any foreign tax on interest; or 3) From whom you withheld (and did not refund) any federal income tax under the backup withholding rules regardless of the amount of the payment.

Transactions of Interest

The IRS may reduce or waive interest you owe because of our unreasonable error or delay.

Information about Form 8866, Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast Method, including recent updates, related forms and instructions on how to file. Form 8866 is used by taxpayers who depreciated certain property using the income forecast method (generally limited to motion picture films, video tapes, sound recordings, copyrights, books and patents) to figure the interest due or to be refunded under the look-back method.

Topic No. 403 Interest Received

Topic No. 505, Interest Expense