Tobi wrote:

- quote -

The interest INCOME reported on form 1099-int goes onto your
own 1040 form, and has nothing to do with any form1099-R.

ChEAr$,
Harlan Lunsford, EA n LA

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Tobi wrote:

- quote -

The RECIPIENT does not file form 1099-R. Include the
interest paid on your 1040 form (possibly using Schedule B,
if high enough)

The 1099-R is for pension distributions, and is filed by the
payor of such amounts. A 1099-INT is for INTEREST paid by a
bank, credit union, etc. None of these forms is filed by the
recipient.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

Tobi wrote:

- quote -

If you question is, "do I need to send the forms 1099 along with my
form 1040 to the IRS", the answer is "only if there is any federal tax
withheld".

Missy Doyle

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

I received a 1099-INT for the interest on my bank account.
Do I need to file form 1099-R?

Thanks!

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >