When you file your taxes, you do not need to attach copies of the 1099-INT forms you receive, but you do need to report the information from the forms on your tax return. That is because each bank, financial institution or other entity that pays you at least $10 of interest during the year must prepare a 1099-INT, send you a copy by January 31 and file it with the IRS. The IRS uses the information on the 1099-INT to ensure you report the correct amount of interest income on your tax return.
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