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Instrucciones para los formularios 1099-INT y 1099-OID

Instrucciones para los formularios 1099-INT y 1099-OID, Ingresos de Interés y Descuento Original

Rev. Enero 2024

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Department of the Treasury  
Internal Revenue Service  
Instructions for Forms  
1099-INT and 1099-OID  
(Rev. January 2024)  
Interest Income and Original Issue Discount  
Section references are to the Internal Revenue Code unless  
otherwise noted.  
1. To whom you paid amounts reportable in boxes 1, 3, or 8  
of at least $10 (or at least $600 of interest paid in the course of  
your trade or business described in the instructions for Box 1.  
Interest Income, later);  
Future Developments  
For the latest information about developments related to Forms  
2. For whom you withheld and paid any foreign tax on  
1099-INT and 1099-OID and their instructions, such as  
legislation enacted after they were published, go to IRS.gov/  
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.  
Reminders  
Report only interest payments made in the course of your  
trade or business including federal, state, and local government  
agencies and activities deemed nonprofit, or for which you were  
a nominee/middleman. Report interest that is taxable OID in  
box 1 or 8 of Form 1099-OID, Original Issue Discount, not on  
Form 1099-INT. Report interest that is tax-exempt OID in box 11  
of Form 1099-OID, not on Form 1099-INT. Report  
In addition to these specific instructions, you should also use the  
current General Instructions for Certain Information Returns.  
Those general instructions include information about the  
following topics.  
Who must file.  
When and where to file.  
Electronic reporting.  
exempt-interest dividends from a mutual fund or other regulated  
investment company (RIC) on Form 1099-DIV.  
Corrected and void returns.  
Statements to recipients.  
Taxpayer identification numbers (TINs).  
Backup withholding.  
For a specified private activity bond with OID, report the  
tax-exempt OID in box 11 on Form 1099-OID, and the  
tax-exempt stated interest in boxes 8 and 9 on Form 1099-INT.  
Penalties.  
The definitions of terms applicable for chapter 4 purposes that  
Exceptions to reporting. No Form 1099-INT must be filed for  
payments made to exempt recipients or for interest excluded  
from reporting.  
are referenced in these instructions.  
Other general topics.  
Exempt recipients. You are not required to file Form  
1099-INT for payments made to certain payees including, but not  
limited to, a corporation, a tax-exempt organization, any  
individual retirement arrangement (IRA), Archer medical savings  
account (MSA), Medicare Advantage MSA, health savings  
account (HSA), a U.S. agency, a state, the District of Columbia, a  
U.S. territory, a registered securities or commodities dealer, a  
nominee or custodian, a broker, or notional principal contract  
(swap) dealer. For additional exempt recipients, see Regulations  
section 1.6049-4 for more information. For situations when you  
are required to file Form 1099-INT for certain recipients that are  
otherwise generally exempt, but that receive credits from tax  
Online fillable Copies 1, B, and 2. To ease statement  
furnishing requirements, Copies 1, B, and 2 are fillable online in  
a PDF format available at IRS.gov/Form1099INT and IRS.gov/  
Form1099OID. You can complete these copies online for  
furnishing statements to recipients and for retaining in your own  
files.  
Continuous-use forms and instructions. Form 1099-INT,  
Form 1099-OID, and these instructions, contained herein, are  
continuous use. Both the forms and instructions will be updated  
as needed. For the most recent version, go to IRS.gov/  
Interest excluded from reporting. You are not required to  
file Form 1099-INT for interest on an obligation issued by an  
individual, interest on amounts from sources outside the United  
States paid outside the United States by a non-U.S. payer or  
non-U.S. middleman, certain portfolio interest, interest on an  
obligation issued by an international organization and paid by  
that organization, and payments made to a foreign beneficial  
owner or foreign payee. See Regulations section 1.6049-5 for  
more information.  
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 1.6049-4(d)(2), 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 IRS.gov/irb/  
Other exception. Do not report tax-deferred interest, such as  
interest that is earned but not distributed from an IRA.  
When is a payment made? Generally, interest is paid when it  
is credited or set apart for a person without any substantial  
limitation or restriction as to the time, manner, or condition of  
payment. The interest must be made available so that it may be  
drawn on at any time and its receipt brought within the control  
and disposition of the person.  
Specific Instructions for Form  
1099-INT  
Note. For the most recent version, go to IRS.gov/Form1099INT.  
File Form 1099-INT, Interest Income, for each person:  
Nov 2, 2023  
Cat. No. 27980N  
For payments made on obligations subject to transactional  
reporting (for example, U.S. Savings Bonds, interest coupons,  
and other demand obligations), interest is paid at the time the  
obligation is presented for payment. For example, interest on a  
coupon detached from a bond is paid when it is presented for  
payment.  
For rules regarding when interest earned by a trust interest  
holder (TIH) in a widely held fixed investment trust (WHFIT) is  
reportable, see Regulations section 1.671-5.  
A credit allowed from tax credit bonds reportable on Form  
1099-INT is treated as paid on the credit allowance date. For  
information on credit allowance dates, see Interest to holders of  
recipient’s TIN (social security number (SSN), individual  
taxpayer identification number (ITIN), adoption taxpayer  
identification number (ATIN), or employer identification number  
(EIN)) on payee statements. Truncation is not allowed on any  
documents the filer files with the IRS. A payer's TIN may not be  
truncated on any form. See part J in the current General  
Instructions for Certain Information Returns.  
Account number. The account number is required if you have  
multiple accounts for a recipient for whom you are filing more  
than one Form 1099-INT. The account number is also required if  
you check the “FATCA filing requirement” box. See FATCA filing  
requirement checkbox, later. Additionally, the IRS encourages  
you to designate an account number for all Forms 1099-INT that  
you file. See part L in the current General Instructions for Certain  
Information Returns.  
Reporting interest and OID. If you are reporting qualified  
stated interest and OID on any obligation that is not a specified  
private activity bond, you may report both the qualified stated  
interest and the OID on Form 1099-OID. It is not necessary to file  
both Forms 1099-INT and 1099-OID. On Form 1099-OID, report  
the qualified stated interest in box 2 and the OID in box 1, 8, or  
11, as applicable. However, you may choose to report the  
qualified stated interest on Form 1099-INT and the OID on Form  
1099-OID. For a specified private activity bond with OID, report  
the tax-exempt OID in box 11 on Form 1099-OID and the  
tax-exempt stated interest in boxes 8 and 9 on Form 1099-INT.  
FATCA filing requirement checkbox. Check the box if you are  
a U.S. payer that is reporting on Form(s) 1099 (including  
reporting payments in boxes 1, 3, 8, 9, and 10 on this Form  
1099-INT) as part of satisfying your requirement to report with  
respect to a U.S. account for chapter 4 purposes, as described  
in Regulations section 1.1471-4(d)(2)(iii)(A). In addition, check  
the box if you are a foreign financial institution (FFI) reporting  
payments to a U.S. account pursuant to an election described in  
Regulations section 1.1471-4(d)(5)(i)(A).  
2nd TIN not. You may enter an “X” in this box if you were  
notified by the IRS twice within 3 calendar years that the payee  
provided an incorrect TIN. If you mark this box, the IRS will not  
send you any further notices about this account.  
However, if you received both IRS notices in the same year, or  
if you received them in different years but they both related to  
information returns filed for the same year, do not check the box  
at this time. For purposes of the two-notices-in-3-years rule, you  
are considered to have received one notice and you are not  
required to send a second “B” notice to the taxpayer on receipt of  
the second notice. See part N in the current General Instructions  
for Certain Information Returns for more information.  
Reporting interest and bond premium. For a covered  
security acquired with bond premium, you must report the  
amount of bond premium amortization for the tax year. See  
Regulations section 1.6045-1(a)(15) to determine if a debt  
instrument is a covered security. However, in the case of a  
taxable bond, if you have been notified by the taxpayer that the  
taxpayer does not elect to amortize bond premium, you must not  
report any amount of bond premium amortization. See  
Regulations section 1.6045-1(n)(5).  
For a covered security acquired with OID and bond premium,  
if you choose to report qualified stated interest in box 2 of Form  
1099-OID, you must report any bond premium amortization on  
that security in box 10 of Form 1099-OID. You may not report the  
qualified stated interest on Form 1099-OID and the bond  
premium amortization allocable to the interest on Form  
1099-INT.  
For information on the TIN Matching System offered by  
the IRS, see Items You Should Note in the current  
TIP  
General Instructions for Certain Information Returns.  
If you are required to report the amount of bond premium  
amortization allocable to an interest payment, you may report  
either (1) a net amount of interest that reflects the offset of the  
interest payment by the amount of bond premium amortization  
allocable to the interest payment, or (2) a gross amount for both  
the interest payment and the bond premium amortization  
allocable to the interest payment. For example, if a taxpayer  
receives $20 of taxable interest from a corporate bond and the  
amount of bond premium amortization allocable to the interest is  
$2, you may report $18 of interest income in box 1 of Form  
1099-INT and $0 in box 11, or you may report $20 of interest  
income in box 1 and $2 in box 11. For a noncovered security  
acquired with bond premium, you are only required to report the  
gross amount of interest.  
Payer's RTN (optional). If you are a financial institution that  
wishes to participate in the program for direct deposit of refunds,  
you may enter your routing transit number (RTN).  
Box 1. Interest Income  
Enter taxable interest not included in box 3. Include amounts of  
$10 or more, whether or not designated as interest, that are paid  
or credited to the person's account by savings and loan  
associations, mutual savings banks not having capital stock  
represented by shares, building and loan associations,  
cooperative banks, homestead associations, credit unions, or  
similar organizations. Include interest on bank deposits,  
accumulated dividends paid by a life insurance company,  
indebtedness (including bonds, debentures, notes, and  
certificates other than those of the U.S. Treasury) issued in  
registered form or of a type offered to the public, or amounts  
from which you withheld federal income tax or foreign tax. In  
addition, report interest of $10 or more attributable to a TIH of a  
WHFIT, or accrued by a real estate mortgage investment conduit  
(REMIC) or financial asset securitization investment trust  
(FASIT) regular interest holder, or paid to a collateralized debt  
obligation (CDO) holder, as explained later.  
Statements to recipients. If you are required to file Form  
1099-INT, you must furnish a statement to the recipient. For  
more information about the requirement to furnish an official form  
or acceptable substitute statement to recipients, see part M in  
the current General Instructions for Certain Information Returns.  
If you have furnished Forms 1099-INT to a recipient for amounts  
received during the year at the time of the transactions, such as  
you might have done for window transactions, do not include  
these same amounts in a Form 1099-INT furnished to the same  
recipient for other payments during the year.  
Also, include interest of $600 or more paid in the course of  
your trade or business not meeting the above criteria, such as  
interest on delayed death benefits paid by a life insurance  
company, interest received with damages, interest on a state or  
Truncating recipient’s TIN. Pursuant to Regulations section  
301.6109-4, all filers of Form 1099-INT may truncate a  
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Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)  
   
federal income tax refund, or interest attributable to certain  
notional principal contracts with nonperiodic payments.  
Box 4. Federal Income Tax Withheld  
Enter backup withholding. For example, if a recipient does not  
furnish its TIN to you in the manner required, you must backup  
withhold on payments required to be reported in box 1 (which  
may be reduced by the amount reported in box 2), box 3, and  
box 8 on this form.  
Include in box 1 any accrued qualified stated interest on  
bonds sold between interest dates (or on a payment date). Also  
show OID on short-term obligations of 1 year or less and interest  
on all bearer certificates of deposit. For a taxable covered  
security acquired at a premium, see Box 11. Bond Premium,  
later.  
For more information on backup withholding, including the  
applicable rate, see part N in the current General Instructions for  
Certain Information Returns.  
Do not include in box 1 interest on tax-free covenant bonds or  
dividends from money market funds (which are reportable on  
Form 1099-DIV). Do not include any description in box 1.  
For information on requesting the recipient's TIN, see part J in  
the current General Instructions for Certain Information Returns.  
Interest to holders of tax credit bonds. Report tax credits in  
amounts of $10 or more allowed from the following tax credit  
bonds.  
Box 5. Investment Expenses  
For single-class REMICs only, see Box 5. Investment Expenses  
Clean renewable energy bonds.  
New clean renewable energy bonds.  
Qualified energy conservation bonds.  
Qualified zone academy bonds.  
Qualified school construction bonds.  
Build America bonds (Tax Credit).  
Note. This amount is not deductible.  
Box 6. Foreign Tax Paid  
Enter any foreign tax paid on interest. Report this amount in U.S.  
dollars.  
Treat these amounts as paid on the credit allowance date.  
The credit allowance dates are March 15, June 15, September  
15, December 15, and the last day on which the bond is  
outstanding. For bonds issued during the 3-month period ending  
on a credit allowance date and for bonds which are redeemed or  
mature, the amount of the credit is determined ratably based on  
the portion of the 3-month period during which the bond is  
outstanding.  
Generally, interest paid is not required to be reported to the  
list of recipients below. However, if they are holders of, or  
recipients of credit from, the tax credit bonds listed above, the  
tax credit must be reported.  
Box 7. Foreign Country or U.S. Territory  
Enter the name of the foreign country or U.S. territory for which  
the foreign tax was paid and reported in box 6.  
Box 8. Tax-Exempt Interest  
Enter tax-exempt interest that is not OID of $10 or more that is  
credited or paid to the person's account if that interest is paid on  
obligations issued by a state, the District of Columbia, a U.S.  
territory, an Indian tribal government, or their political  
subdivisions, or qualified volunteer fire departments to finance  
eligible expenditures. A political subdivision may include port  
authorities, toll road commissions, utility services authorities,  
community redevelopment agencies, and similar governmental  
entities that meet the requirements of Regulations section  
1.103-1(b). Include in box 8 any accrued qualified stated interest  
on these bonds sold between interest dates (or on a payment  
date). For a tax-exempt covered security acquired at a premium,  
A corporation.  
A dealer in securities or commodities required to register as  
such under the laws of the United States, a state, the District of  
Columbia, or a territory of the United States.  
A real estate investment trust (REIT) as defined in section  
856.  
An entity registered at all times during the tax year under the  
Investment Company Act of 1940.  
A common trust fund as defined in section 584(a).  
Any exempt-interest dividends from a mutual fund or other  
RIC are reported on Form 1099-DIV.  
Any trust which is exempt from tax under section 664(c).  
Include specified private activity bond interest in box 9 and in  
the total for box 8. See the instructions for box 9 next.  
Box 2. Early Withdrawal Penalty  
Enter interest or principal forfeited because of an early  
withdrawal of time deposits, such as an early withdrawal from a  
certificate of deposit (CD), that is deductible from gross income  
by the recipient. Do not reduce the amount reported in box 1 by  
the amount of the forfeiture. For detailed instructions for  
determining the amount of forfeiture deductible by the depositor,  
see Rev. Ruls. 75-20, 1975-1 C.B. 29, and 75-21, 1975-1 C.B.  
367.  
Box 9. Specified Private Activity Bond Interest  
Enter interest of $10 or more from specified private activity  
bonds. Generally, specified private activity bond” means any  
private activity bond defined in section 141 and issued after  
August 7, 1986. See section 57(a)(5) for more details. Also, see  
the Instructions for Form 6251, Alternative Minimum  
Tax—Individuals, available at IRS.gov/Form6251.  
Box 3. Interest on U.S. Savings Bonds and  
Treasury Obligations  
Box 10. Market Discount  
For a covered security acquired with market discount, if the  
recipient notified you that a section 1278(b) election was made,  
enter the amount of market discount that accrued on the debt  
instrument during the tax year in the amount of $10 or more. For  
more details, see Regulations section 1.6045-1(n). Unless the  
taxpayer notified you that the taxpayer did not make a section  
1276(b) election, use the constant yield method described in  
section 1276(b)(2) to determine the accruals of market discount  
for the debt instrument. See Regulations section 1.6045-1(n)(11)  
(i)(B). For a covered security with OID, report the accruals of  
market discount on Form 1099-OID rather than on Form  
1099-INT.  
Enter interest on U.S. Savings Bonds, Treasury bills, Treasury  
notes, and Treasury bonds. Do not include in box 1. For a  
taxable covered security acquired at a premium, see Box 12.  
If you make payment on a U.S. Savings Bond or other U.S.  
obligation on which interest is reportable, enter your name,  
address, and TIN on Form 1099-INT and Form 1096, Annual  
Summary and Transmittal of U.S. Information Returns, not those  
of the U.S. Treasury Department or the Bureau of the Fiscal  
Service.  
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Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)  
 
Box 11. Bond Premium  
Requirement to furnish a tax information statement to the  
TIH. A tax information statement that includes the information  
provided to the IRS on Form 1099-INT, as well as additional  
information identified in Regulations section 1.671-5(e), must be  
provided to TIHs. The written tax information statement must be  
furnished to the TIH by March 15. The amount of an item of a  
trust expense that is attributable to a TIH must be included on  
the tax information statement provided to the TIH and is not  
required to be included in box 5 of Form 1099-INT.  
For a taxable covered security acquired at a premium (other than  
a U.S. Treasury obligation), enter the amount of bond premium  
amortization allocable to the interest paid during the tax year,  
unless you were notified in writing that the holder did not want to  
amortize bond premium under section 171. See Regulations  
sections 1.6045-1(n)(5) and 1.6049-9(b). If you are required to  
report bond premium amortization and you reported a net  
amount of interest in box 1, leave this box blank.  
WHFIT interest income information may be included in  
summary totals reported to the IRS and the TIH. Information  
about WHFIT interest income may also be included in a  
composite statement furnished to the TIH.  
Box 12. Bond Premium on Treasury Obligations  
For a U.S. Treasury obligation that is a covered security, enter  
the amount of bond premium amortization allocable to the  
interest paid during the tax year, unless you were notified in  
writing that the holder did not want to amortize bond premium  
under section 171. See Regulations sections 1.6045-1(n)(5) and  
1.6049-9(b). If you are required to report bond premium  
amortization and you reported a net amount of interest in box 3,  
leave this box blank.  
For more filing requirements, see the current General  
Instructions for Certain Information Returns.  
Rules for REMICs, FASITs, and Issuers of CDOs  
In the case of a FASIT, these reporting rules apply only  
to FASITs in existence on October 22, 2004, to the  
!
CAUTION  
extent that regular interests issued by the FASIT before  
Box 13. Bond Premium on Tax-Exempt Bond  
that date continue to remain outstanding in accordance with the  
original terms of issue.  
For a tax-exempt covered security acquired at a premium, enter  
the amount of bond premium amortization allocable to the  
interest paid during the tax year. If you reported a net amount of  
interest in box 8 or 9, whichever is applicable, leave this box  
blank.  
REMICs, holders of ownership interests in FASITs, issuers of  
CDOs, and any broker or middleman who holds as a nominee a  
REMIC or FASIT regular interest or CDO must file Form  
1099-INT. The form is used to report interest of $10 or more,  
other than OID, accrued to a REMIC or FASIT regular interest  
holder during the year or paid to a holder of a CDO. If you are  
also reporting OID, this interest and the OID can be reported on  
Form 1099-OID. You do not have to file both Forms 1099-INT  
and 1099-OID.  
Box 14. Tax-Exempt and Tax Credit Bond CUSIP  
No.  
For single bonds or accounts containing a single bond, enter the  
CUSIP number of the tax-exempt bond for which tax-exempt  
interest is reported in box 8 or tax credit bond (including build  
America bond and specified tax credit bond) for which a tax  
credit or taxable interest, as applicable, is reported in box 1.  
Enter the CUSIP number of the bond for which interest was paid  
or tax credit was allowed. If the tax-exempt interest or the tax  
credit is reported in the aggregate for multiple bonds or  
accounts, enter “various.”  
You are not required to file or issue Form 1099-INT for exempt  
recipients including, but not limited to, the following.  
A corporation.  
A broker.  
A middleman/nominee.  
A financial institution.  
Any IRA, Archer MSA, Medicare Advantage MSA, or HSA.  
A tax-exempt organization.  
Boxes 15–17. State Information  
These boxes may be used by payers who participate in the  
Combined Federal/State Filing Program and/or who are required  
to file paper copies of this form with a state tax department. See  
Pub. 1220 for more information regarding the Combined Federal/  
State Filing Program. They are provided for your convenience  
only and need not be completed for the IRS. Use the state  
information boxes to report payments for up to two states. Keep  
the information for each state separated by the dash line. If you  
withheld state income tax on this payment, you may enter it in  
box 17. In box 15, enter the abbreviated name of the state, and  
in box 16, enter the payer's state identification number. The state  
number is the payer's identification number assigned by the  
individual state.  
For additional exempt recipients, see Regulations section  
1.6049-7(c).  
Box 1. Interest Income  
Report in box 1 the amount of interest, other than OID, accrued  
to each REMIC or FASIT regular interest holder or paid to a CDO  
holder for the period during the year for which the return is made.  
If you are a single-class REMIC (as defined in Temporary  
Regulations section 1.67-3T(a)(2)(ii)(B)), increase the amount  
otherwise reportable in box 1 by the regular interest holder's  
share of investment expenses of the REMIC for the year. No  
amount should be reported in box 3.  
If a state tax department requires that you send them a paper  
copy of this form, use Copy 1 to provide information to the state  
tax department. Give Copy 2 to the recipient for use in filing the  
recipient's state income tax return.  
Box 5. Investment Expenses  
Enter the regular interest holder's pro rata share of investment  
expenses.  
Rules for WHFITs  
Trustees and middlemen must report the gross amount of  
interest attributable to the TIH for the calendar year on Form  
1099-INT if that amount exceeds $10. If the trustee provides  
WHFIT information using the safe harbor rules in Regulations  
section 1.671-5(f)(1) or (g)(1), the trustee or middleman must  
determine the amounts reported on Form 1099-INT under  
Regulations section 1.671-5(f)(2) or (g)(2), as appropriate.  
Statements to Holders  
For each Form 1099-INT you are required to file, you must  
furnish a statement to the REMIC or FASIT regular interest  
holder or CDO holder identified on the form. The statement must  
contain the information shown on Form 1099-INT, including the  
legend shown on Copy B of the official Form 1099-INT, and an  
indication that these items are being furnished to the IRS. The  
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Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)  
         
statement must also show the information specified in  
Regulations section 1.6049-7(f)(2)(i). In addition, the statement  
furnished by a REMIC must show, for each calendar quarter, the  
information specified in Regulations section 1.6049-7(f)(3). Also,  
see Regulations section 1.6049-7(f)(3)(ii) for information that  
may be required to be reported to a REIT that holds a REMIC  
regular interest.  
investment trust (FASIT), or an issuer of a collateralized debt  
obligation (CDO).  
Also, file Form 1099-OID for any person for whom you  
withheld and paid any foreign tax on OID or from whom you  
withheld (and did not refund) any federal income tax under the  
backup withholding rules even if the amount of the OID is less  
than $10.  
Original issue discount. OID is the excess of an obligation's  
stated redemption price at maturity over its issue price  
A single-class REMIC (as defined in Temporary Regulations  
section 1.67-3T(a)(2)(ii)(B)) must include in the statement the  
investment expenses paid or accrued during each calendar  
quarter by the REMIC for which the REMIC is allowed a  
deduction under section 212 and the proportionate share of  
those investment expenses allocated to the regular interest  
holder.  
(acquisition price for a stripped bond or coupon). In the case of a  
taxable obligation, a discount of less than 1/4 of 1% of the stated  
redemption price at maturity, multiplied by the number of full  
years from the date of issue to maturity, is considered to be zero.  
Reporting OID. You must prepare a Form 1099-OID for each  
person who is a holder of record of the obligation if the total daily  
portions of OID for that person is at least $10. See the  
instructions for Box 1, later, for taxable OID; Box 8, later, for  
taxable OID on U.S. Treasury obligations; and Box 11, later, for  
tax-exempt OID.  
Ordinarily, you will file only one Form 1099-OID for the  
depositor or holder of a particular obligation for the calendar  
year. If a person holds more than one discount obligation, issue  
a separate Form 1099-OID for each obligation. However, if a  
person holds more than one certificate, you can file a single  
Form 1099-OID only if (1) they are the same issue, (2) held the  
same amount of time during the calendar year, (3) acquired at  
the same time, (4) acquired for the same price, and (5) all debt  
elections (or lack of elections) are the same for all certificates.  
The statement must be furnished to holders by March 15. To  
meet the statement requirement, you may furnish a copy of Form  
1099-INT and a separate statement containing the additional  
information to the REMIC or FASIT regular interest holder or  
CDO holder.  
For information about reporting income to REMIC residual  
interest holders, see the instructions for Schedule Q (Form  
1066), Quarterly Notice to Residual Interest Holder of REMIC  
Taxable Income or Net Loss Allocation, in the Instructions for  
Form 1066, available at IRS.gov/Form1066.  
Form 8811 and Reporting by Brokers or  
Middlemen  
For information about how to compute OID, see sections  
1271–1275 and their regulations and section 1288.  
REMICs and issuers of CDOs must also file Form 8811,  
Information Return for Real Estate Mortgage Investment  
Conduits (REMICs) and Issuers of Collateralized Debt  
Obligations, within 30 days after the start-up date of the REMIC  
or issue date of a CDO. The IRS will use the information on  
Forms 8811 to update Pub. 938, Real Estate Mortgage  
Investment Conduits (REMICs) Reporting Information, for use by  
certain brokers, middlemen, corporations, and others specified  
in Regulations section 1.6049-7(e)(4). Pub. 938 is available at  
If you are a broker or middleman who holds a bank CD as  
nominee, whether or not you sold the CD to the owner, you must  
determine the amount of OID includible in the income of the  
owner, if any, and report it on Form 1099-OID.  
Pub. 1212, Guide to Original Issue Discount (OID)  
Instruments, contains information on certain outstanding publicly  
offered discount obligations. It is available at IRS.gov/Pub1212.  
Issuers of certain publicly offered debt instruments having  
OID must file Form 8281, Information Return for Publicly Offered  
Original Issue Discount Instruments, generally within 30 days  
after the date of issuance, or, if later, the date of registration with  
the Securities and Exchange Commission. The information  
provided on that form will enable the IRS to update Pub. 1212.  
See Form 8281, available at IRS.gov/Form8281, and  
For the requirements that a REMIC or CDO issuer or a broker  
or middleman who holds as a nominee a REMIC or FASIT  
regular interest or a CDO furnish certain information on request,  
see Regulations sections 1.6049-7(e) and 1.6049-7(f)(7).  
Regulations section 1.1275-3(c) for details.  
Exceptions. You are not required to file Form 1099-OID for  
payments made to certain payees including a corporation, a  
tax-exempt organization, any individual retirement arrangement  
(IRA), an Archer medical savings account (MSA), Medicare  
Advantage MSA, health savings account (HSA), a U.S. agency, a  
state, the District of Columbia, a U.S. territory, or a registered  
securities or commodities dealer.  
Specific Instructions for Form  
1099-OID  
Note. For the most recent version, go to IRS.gov/Form1099OID.  
File Form 1099-OID, Original Issue Discount, if the total daily  
portions of original issue discount (OID) for a holder is at least  
$10 and you are any of the following.  
Report interest on U.S. Savings Bonds on Form  
An issuer with any bond outstanding or other evidence of  
1099-INT. Also, report OID on obligations with a term of  
indebtedness in registered or bearer form issued with OID.  
!
CAUTION  
1 year or less on Form 1099-INT.  
An issuer of a certificate of deposit (CD) made, purchased, or  
renewed after 1970 if the CD has OID and a term of more than 1  
Reporting interest and OID. If you are reporting qualified  
stated interest and OID on an obligation, you may report both the  
interest and the OID on Form 1099-OID. It is not necessary to file  
both Forms 1099-INT and 1099-OID. On Form 1099-OID, report  
the qualified stated interest in box 2 and the OID in box 1, 8, or  
11, as applicable. You may choose to report the interest on Form  
1099-INT and the OID on Form 1099-OID.  
year (see Caution, later).  
A financial institution having other deposit arrangements, such  
as time deposits or bonus-savings plans, if the arrangements  
have OID and a term of more than 1 year.  
A broker or other middleman holding an OID obligation,  
including CDs, as nominee for the actual owner.  
A trustee or middleman of a widely held fixed investment trust  
(WHFIT) or widely held mortgage trust (WHMT).  
Reporting OID and acquisition premium. For a covered  
A real estate mortgage investment conduit (REMIC), a holder  
security acquired with acquisition premium, you must report the  
of an ownership interest in a financial asset securitization  
5
Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)  
 
amount of acquisition premium amortization for the tax year. See  
Regulations section 1.6045-1(a)(15) to determine if a debt  
instrument is a covered security. In general, you must use the  
rules in Regulations section 1.1272-2(b)(4) to amortize the  
acquisition premium. See Regulations section 1.6049-9(c). You  
may, but are not required to, report the acquisition premium  
amortization for a tax-exempt obligation that is a covered  
security acquired before January 1, 2017.  
If you are required to report the amount of acquisition  
premium amortized for the tax year, you may report either (1) a  
net amount of OID that reflects the offset of OID by the amount of  
acquisition premium amortization for the year, or (2) a gross  
amount for both the OID and the acquisition premium  
amortization for the year. For example, if $20 of OID accrues on  
a corporate bond during the year and there is acquisition  
premium amortization of $2 for the year, you may report $18 of  
OID in box 1 and $0 in box 6, or you may report $20 of OID in  
box 1 and $2 in box 6. For a noncovered security acquired with  
acquisition premium, you are only required to report the gross  
amount of OID.  
the second notice. See part N in the current General Instructions  
for Certain Information Returns for more information.  
For information on the TIN Matching System offered by  
the IRS, see Items You Should Note in the current  
TIP  
General Instructions for Certain Information Returns.  
Box 1. Original Issue Discount  
Report the taxable OID on the obligation for the part of the year it  
was owned by the record holder. Do not include the amount  
reported in box 8. For a discussion of WHFITs, WHMTs,  
REMICs, FASITs, and CDOs, see the instructions, later.  
Box 2. Other Periodic Interest  
Enter any qualified stated interest paid or credited on this  
obligation during the year. However, you may report any qualified  
stated interest on this obligation on Form 1099-INT rather than  
on Form 1099-OID. For example, you may report any qualified  
stated interest on Treasury Inflation Protected Securities in box 3  
of Form 1099-INT rather than in box 2 of Form 1099-OID. For a  
discussion of REMICs, FASITs, and CDOs, see the instructions,  
later.  
Reporting interest and bond premium. For a debt instrument  
with OID that is a covered security, if you choose to report  
qualified stated interest in box 2 of Form 1099-OID, report any  
bond premium amortization allocable to the interest in box 10 of  
Form 1099-OID and not in boxes 11–13 of Form 1099-INT.  
Box 3. Early Withdrawal Penalty  
Enter interest or principal forfeited because of an early  
withdrawal of time deposits, such as an early withdrawal from a  
CD, that is deductible from gross income by the recipient. Do not  
reduce the amounts in boxes 1 and 2 by the amount of the  
forfeiture. For detailed instructions for determining the amount of  
forfeiture deductible by the holder, see Rev. Ruls. 75-20, 1975-1  
C.B. 29, and 75-21, 1975-1 C.B. 367.  
Statements to recipients. If you are required to file Form  
1099-OID, you must furnish a statement to the recipient. For  
more information about the requirement to furnish an official form  
or acceptable substitute statement to recipients, see part M in  
the current General Instructions for Certain Information Returns.  
Truncating recipient’s TIN on payee statements. Pursuant  
to Regulations section 301.6109-4, all filers of Form 1099-OID  
may truncate a recipient’s TIN (social security number (SSN),  
individual taxpayer identification number (ITIN), adoption  
taxpayer identification number (ATIN), or employer identification  
number (EIN)) on payee statements. Truncation is not allowed on  
any documents the filer files with the IRS. A payer's TIN may not  
be truncated on any form. See part J in the current General  
Instructions for Certain Information Returns.  
Box 4. Federal Income Tax Withheld  
Enter backup withholding. For example, if a recipient does not  
furnish its TIN to you in the manner required, you must backup  
withhold. The applicable interest rate applies to amounts  
required to be reported in boxes 1, 2, and 8, but is limited to the  
cash paid on these obligations. Before applying the applicable  
interest rate, you may reduce the amounts reported in boxes 1  
and 2 by the amount reported in box 3.  
FATCA filing requirement checkbox. Check the box if you are  
a U.S. payer that is reporting on Form(s) 1099 (including  
reporting amounts in boxes 1, 2, and 8 on this Form 1099-OID)  
as part of satisfying your requirement to report with respect to a  
U.S. account for chapter 4 purposes, as described in  
For more information on backup withholding, including the  
applicable rate, see part N in the current General Instructions for  
Certain Information Returns.  
For information on requesting the recipient's TIN, see part J in  
the current General Instructions for Certain Information Returns.  
Regulations section 1.1471-4(d)(2)(iii)(A). In addition, check the  
box if you are a Foreign Financial Institution (FFI) reporting  
payments to a U.S. account pursuant to an election described in  
Regulations section 1.1471-4(d)(5)(i)(A).  
Box 5. Market Discount  
For a covered security acquired with market discount and OID, if  
the recipient notified you that a section 1278(b) election was  
made, enter the amount of market discount that accrued on the  
debt instrument during the tax year in the amount of $10 or more.  
For more details, see Regulations section 1.6045-1(n). Unless  
the recipient notified you that the recipient did not make a  
section 1276(b) election, use the constant yield method  
described in section 1276(b)(2) to determine the accruals of  
market discount for the debt instrument. See Regulations section  
1.6045-1(n)(11)(i)(B). You may, but are not required to, report the  
market discount for a tax-exempt obligation that is a covered  
security acquired before January 1, 2017.  
Account number. The account number is required if you have  
multiple accounts for a recipient for whom you are filing more  
than one Form 1099-OID. The account number is also required if  
you check the “FATCA filing requirement” box. See FATCA filing  
requirement checkbox, earlier. Additionally, the IRS encourages  
you to designate an account number for all Forms 1099-OID that  
you file. See part L in the current General Instructions for Certain  
Information Returns.  
2nd TIN not. You may enter an “X” in this box if you were  
notified by the IRS twice within 3 calendar years that the payee  
provided an incorrect TIN. If you mark this box, the IRS will not  
send you any further notices about this account.  
However, if you received both IRS notices in the same year, or  
if you received them in different years but they both related to  
information returns filed for the same year, do not check the box  
at this time. For purposes of the two-notices-in-3-years rule, you  
are considered to have received one notice and you are not  
required to send a second “B” notice to the recipient on receipt of  
Box 6. Acquisition Premium  
For a covered security acquired with acquisition premium, enter  
the amount of premium amortization for the part of the year the  
debt instrument was owned by the holder. See Regulations  
sections 1.6045-1(n)(5) and 1.6049-9(c). If you reported a net  
amount of OID in box 1, 8, or 11, as applicable, leave this box  
blank. You may, but are not required to, report the acquisition  
6
Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)  
   
premium for a tax-exempt obligation that is a covered security  
acquired before January 1, 2017.  
Rules for WHFITs and WHMTs  
If the OID attributable to a trust interest holder (TIH) exceeds $10  
for the calendar year, trustees and middlemen must use Form  
1099-OID to report both the gross amount of OID (box 1) and  
interest (box 2) of the WHFIT that is attributable to the TIH. If the  
trustee provides WHFIT information using the safe harbor rules  
in Regulations section 1.671-5(f)(1) or (g)(1), the trustee or  
middleman must determine the amounts reported on Form  
1099-OID under Regulations section 1.671-5(f)(2) or (g)(2), as  
appropriate.  
Box 7. Description  
Enter the CUSIP number, if any. If there is no CUSIP number,  
enter the abbreviation for the stock exchange, the abbreviation  
for the issuer used by the stock exchange, the coupon rate, and  
the year of maturity (for example, NYSE XYZ 121/2 25). If the  
issuer of the obligation is other than the payer, show the name of  
the issuer.  
Reporting OID for a WHMT. If a WHMT has a start-up date  
before August 13, 1998, trustees and middlemen of the WHMT  
are not required to report OID information. If the WHMT has a  
start-up date on or after August 13, 1998, and on or before  
January 24, 2006, and the trustee has attempted in good faith,  
but without success, to obtain the historical information required  
to provide OID information, no penalties will be imposed if the  
trustee and middlemen of the WHMT do not provide OID  
information. The trustee must provide a statement to middlemen  
indicating that the trustee is not providing OID information  
because the trustee has attempted, in good faith, to obtain the  
information necessary to calculate OID but has been  
Box 8. Original Issue Discount on U.S. Treasury  
Obligations  
Enter the amount of OID on a U.S. Treasury obligation for the  
part of the year it was owned by the record holder. Do not include  
this amount in box 1. You may enter any qualified stated interest  
on the Treasury obligation in box 2. The amount in box 8 may be  
a negative number (for example, if a Treasury Inflation Protected  
Security has a deflation adjustment for the year).  
If you make payment on a U.S. Treasury obligation on which  
OID is reportable, enter your name, address, and TIN on Forms  
1099-OID and 1096, not those of the U.S. Treasury Department  
or the Bureau of the Fiscal Service.  
unsuccessful. See Regulations section 1.671-5(m)(2).  
Requirement to furnish a tax information statement to the  
TIH. A tax information statement that includes the information  
provided to the IRS on Form 1099-OID, as well as additional  
information identified in Regulations section 1.671-5(e), must be  
provided to TIHs. The written tax information statement must be  
furnished to the TIH by March 15. The amount of an item of a  
trust expense that is attributable to a TIH must be included on  
the tax information statement provided to the TIH and is not  
required to be included in box 9 of Form 1099-OID.  
Box 9. Investment Expenses  
For single-class REMICs only, see Box 9. Investment Expenses  
Note. This amount is not deductible.  
Box 10. Bond Premium  
For a taxable covered security acquired at a premium, enter the  
amount of bond premium amortization allocable to the interest  
paid during the tax year, unless you were notified in writing that  
the holder did not want to amortize bond premium under section  
171. See Regulations sections 1.6045-1(n)(5) and 1.6049-9(b).  
For a tax-exempt covered security acquired at a premium, enter  
the amount of bond premium amortization allocable to the  
interest paid during the tax year. If you are required to report  
bond premium amortization and you reported a net amount of  
interest in box 2, leave this box blank.  
For more filing requirements, see the current General  
Instructions for Certain Information Returns.  
Rules for REMICs, FASITs, and Issuers of CDOs  
In the case of FASIT, these reporting rules apply only to  
FASITs in existence on October 22, 2004, to the extent  
!
CAUTION  
that regular interests issued by the FASIT before that  
date continue to remain outstanding in accordance with the  
original terms of issue.  
REMICs, holders of ownership interests in FASITs, issuers of  
CDOs, and any broker or middleman who holds as a nominee a  
REMIC or FASIT regular interest or CDO must file Form  
1099-OID. The form is used to report OID of $10 or more  
accrued to a REMIC or FASIT regular interest holder or to a  
holder of a CDO. Also, use Form 1099-OID to report other  
interest accrued to a REMIC or FASIT regular interest holder  
during the year or paid to a holder of a CDO. You may use Form  
1099-INT rather than Form 1099-OID to report interest for an  
instrument issued with OID if no OID is includible in the regular  
interest holder's or CDO holder's income for the year.  
Box 11. Tax-Exempt OID  
For a tax-exempt obligation that is a covered security acquired  
on or after January 1, 2017, enter the OID for the part of the year  
it was owned by the record holder. You may, but are not required  
to, report the OID for a tax-exempt obligation that is a covered  
security acquired before January 1, 2017.  
Boxes 12–14. State Information  
These boxes may be used by payers who participate in the  
Combined Federal/State Filing Program and/or who are required  
to file paper copies of this form with a state tax department. See  
Pub. 1220 for more information regarding the Combined Federal/  
State Filing Program. They are provided for your convenience  
only and need not be completed for the IRS. Use the state  
information boxes to report payments for up to two states. Keep  
the information for each state separated by the dash line. If you  
withheld state income tax on this payment, enter it in box 14. In  
box 12, enter the abbreviated name of the state, and in box 13,  
enter the payer's state identification number. The state number is  
the payer's identification number assigned by the individual  
state.  
You are not required to file or issue Form 1099-OID for  
exempt recipients including, but not limited to, the following.  
A corporation.  
A broker.  
A middleman/nominee.  
A financial institution.  
Any IRA, Archer MSA, Medicare Advantage MSA, or HSA.  
A tax-exempt organization.  
For additional exempt recipients, see Regulations section  
1.6049-7(c).  
If a state tax department requires that you send them a paper  
copy of this form, use Copy 1 to provide information to the state  
tax department. Give Copy 2 to the recipient for use in filing the  
recipient's state income tax return.  
7
Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)  
       
investment expenses paid or accrued during each calendar  
quarter by the REMIC for which the REMIC is allowed a  
deduction under section 212 and the proportionate share of  
those investment expenses allocated to the regular interest  
holder.  
Box 1. Original Issue Discount  
Report in box 1 the aggregate amount of OID includible in the  
gross income of each REMIC or FASIT regular interest holder or  
CDO holder for the period during the year for which the return is  
made. No amount should be reported in box 8.  
The statement must be furnished to holders by March 15. To  
meet the statement requirement, you may furnish a copy of Form  
1099-OID and a separate statement containing the additional  
information to the REMIC or FASIT regular interest holder or  
CDO holder.  
Box 2. Other Periodic Interest  
Report in box 2 any amount of interest, other than OID, accrued  
to each REMIC or FASIT regular interest holder or paid to each  
CDO holder. If you are a single-class REMIC (as defined in  
Temporary Regulations section 1.67-3T(a)(2)(ii)(B)), increase  
the amount otherwise reportable in box 2 by the regular interest  
holder's share of investment expenses of the REMIC for the year.  
For information about reporting income to REMIC residual  
interest holders, see the instructions for Schedule Q (Form  
1066), Quarterly Notice to Residual Interest Holder of REMIC  
Taxable Income or Net Loss Allocation, in the Instructions for  
Form 1066, available at IRS.gov/Form1066.  
Box 9. Investment Expenses  
Form 8811 and Reporting by Brokers or  
Middlemen  
Enter the regular interest holder's pro rata share of investment  
expenses.  
REMICs and issuers of CDOs must also file Form 8811,  
Information Return for Real Estate Mortgage Investment  
Conduits (REMICs) and Issuers of Collateralized Debt  
Obligations, within 30 days after the start-up date of the REMIC  
or issue date of a CDO. The IRS will use the information on  
Forms 8811 to update Pub. 938, Real Estate Mortgage  
Investment Conduits (REMICs) Reporting Information, for use by  
certain brokers, middlemen, corporations, and others specified  
in Regulations section 1.6049-7(e)(4). Pub. 938 is available at  
Statements to Holders  
For each Form 1099-OID you are required to file, you must  
furnish a statement to the REMIC or FASIT regular interest  
holder or CDO holder identified on the form. The statement must  
contain the information shown on Form 1099-OID, including the  
legend shown on Copy B of the official Form 1099-OID, and an  
indication that these items are being furnished to the IRS. The  
statement must also show the information specified in  
Regulations section 1.6049-7(f)(2)(ii). In addition, the statement  
furnished by a REMIC must show, for each calendar quarter, the  
information specified in Regulations section 1.6049-7(f)(3). Also,  
see Regulations section 1.6049-7(f)(3)(ii) for information that  
may be required to be reported to a real estate investment trust  
(REIT) that holds a REMIC regular interest.  
For the requirements that a REMIC or CDO issuer or a broker  
or middleman who holds as a nominee a REMIC or FASIT  
regular interest or a CDO furnish certain information on request,  
see Regulations sections 1.6049-7(e) and 1.6049-7(f)(7).  
A single-class REMIC (as defined in Temporary Regulations  
section 1.67-3T(a)(2)(ii)(B)) must include in the statement the  
8
Instr. for Forms 1099-INT and 1099-OID (Rev. 01-2024)