Instructions for Forms 1099-INT and 1099-OID - Introductory Material

Future Developments

For the latest information about developments related to Forms 1099-INT and 1099-OID and their instructions, such as legislation enacted after they were published, go to or

What's New

Reporting bond premium on tax-exempt bonds.   Box 13 was added to Form 1099-INT to report bond premium on tax-exempt bonds. All later boxes were renumbered.

FATCA filing requirements of certain foreign financial institutions (FFIs).    Beginning in 2014, an FFI with a chapter 4 requirement to report a U.S. account maintained by the FFI that is held by a specified U.S. person may satisfy this requirement by reporting on Form(s) 1099 under the election described in Regulations section 1.1471-4(d)(5)(i)(A). Additionally, a U.S. payor may satisfy its chapter 4 requirement to report such a U.S. account by reporting on Form(s) 1099. See Regulations section 1.1471-4(d)(2)(iii)(A). Forms 1099-INT and 1099-OID are among the Forms 1099 used for such purpose. New check boxes were added to Forms 1099-INT and 1099-OID to identify an FFI filing this form to satisfy its chapter 4 reporting requirement.


General Instructions.   In addition to these specific instructions, you should also use the 2015 General Instructions for Certain Information Returns. Those general instructions include information about the following topics.
  • Who must file (nominee/middleman; certain FFIs and U.S. payors that report on Form(s) 1099 to satisfy their chapter 4 reporting requirements).

  • When and where to file.

  • Electronic reporting requirements.

  • Corrected and void returns.

  • Statements to recipients.

  • Taxpayer identification numbers.

  • Backup withholding.

  • Penalties.

  • The definitions of terms applicable for chapter 4 purposes that are referenced in these instructions.

  • Other general topics.

You can get the general instructions at or or by calling 1-800-TAX-FORM (1-800-829-3676).

Nonresident aliens.

If you pay U.S. bank deposit interest of at least $10 to certain nonresident alien individuals, report the interest on Form 1042-S, Foreign Person's U.S. Source Income Subject to Withholding. To determine whether an information return is required for original issue discount, see Regulations sections 1.6049-5(f) and 1.6049-8(a). This interest may be subject to backup withholding. See the Instructions for Form 1042-S. Also see Rev. Proc. 2012-24, 2012-20 I.R.B. 913, available at

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