1099-INT

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Subject Author Date 1099-INT Charles 02-24-2009  Re: 1099-INT Alan 02-24-2009  Re: 1099-INT Arthur Kamlet 02-24-2009  Re: 1099-INT Charles 02-25-2009  Re: 1099-INT CMS, VA CPA 02-24-2009  Re: 1099-INT D. Stussy 02-25-2009
Posted by Charles on February 24, 2009, 9:33 pm Please log in for more thread options I received a 1099-INT but only Copy B--For Recipient. Is there another copy that I need to file with the IRS? Thank you, Charles ========================================= MODERATOR'S COMMENT: You do not attach the 1099-INT to the tax return, unless there was federal income tax withheld, an unusual situation at best. -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Alan on February 24, 2009, 10:21 pm Please log in for more thread options Charles wrote: > I received a 1099-INT but only Copy B--For Recipient. Is there another > copy that I need to file with the IRS? > > Thank you, > > Charles > > ========================================= MODERATOR'S COMMENT: > You do not attach the 1099-INT to the tax return, unless there was > federal income tax withheld, an unusual situation at best. > To the Moderator: Only a W-2, W-2c, W-2G & 1099-R with tax withheld gets attached to the tax form. There is no requirement to attach any other form with withholding as those forms are not sent to taxpayers with multiple copies. -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Arthur Kamlet on February 24, 2009, 10:30 pm Please log in for more thread options >Charles wrote: >> I received a 1099-INT but only Copy B--For Recipient. Is there another >> copy that I need to file with the IRS? >> >> Thank you, >> >> Charles >> >> ========================================= MODERATOR'S COMMENT: >> You do not attach the 1099-INT to the tax return, unless there was >> federal income tax withheld, an unusual situation at best. >> > >To the Moderator: >Only a W-2, W-2c, W-2G & 1099-R with tax withheld gets attached >to the tax form. There is no requirement to attach any other >form with withholding as those forms are not sent to taxpayers >with multiple copies. On the other hand I've seen CP-2000s issued where the reported tax withheld was enough more than the W-2/1099R tax withheld. Maybe attaching a 1099INT will still not solve the problem but it might. The average taxpayer still gets upset when receiving IRS Notices. -- ArtKamlet at a o l dot c o m Columbus OH K2PZH -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by Charles on February 25, 2009, 1:15 pm Please log in for more thread options > > ========================================= MODERATOR'S COMMENT: > > You do not attach the 1099-INT to the tax return, unless there was > > federal income tax withheld, an unusual situation at best. > > > > To the Moderator: > Only a W-2, W-2c, W-2G & 1099-R with tax withheld gets attached > to the tax form. There is no requirement to attach any other > form with withholding as those forms are not sent to taxpayers > with multiple copies. That is what I thought was probably the case--thank you for the confirmation. Charles -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by CMS, VA CPA on February 24, 2009, 10:49 pm Please log in for more thread options No. -- Charles M. Shanes, CPA Charles M. Shanes CPA, LLC Richmond, VA QuickBooks ProAdvisor Microsoft MPAN Member for SBA www.shanescpa.com cshanes@-Delete-This-Nospam-shanescpa.com >I received a 1099-INT but only Copy B--For Recipient. Is there another > copy that I need to file with the IRS? > > Thank you, > > Charles > > ========================================= MODERATOR'S COMMENT: > You do not attach the 1099-INT to the tax return, unless there was > federal income tax withheld, an unusual situation at best. -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted Bank didn't send a 1099INT?! February 25, 2008, 5:41 pm