Form 1099-OID is a bit more obscure than most other 1099s, and many investors will never even receive one. The “OID” in Form 1099-OID refers to “original issue discount,” which is a ...

Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...

Form 1099-INT reports savings interest. Often issued with a 1099-DIV, 1099-OID, or 1099-R, you may not owe tax. But it’s important to report the amount in case you do. However, if your income ...

Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...