1099-INT 2016

What's New for 2016

Reporting bond premium. Box 12 was added to Form 1099-INT and Box 10 was added to Form 1099-OID to report bond premium.

New Fields

Field Name	Size	Type	Description	Notes
See Form Filer Common Fields			Filer fields common to all form types.
See Recipient Common Fields			Recipient fields common to all form types.
2nd TIN Notice	1	Checkbox	Second TIN Notice (Optional)	X / Y / T / 1 = Checked
FATCA Checkbox	1	Checkbox	FATCA Filing Requirement Indicator	X / Y / T / 1 = Checked
Box 1 Amount	12	Amount	Box 1: Interest income
Box 2 Amount	12	Amount	Box 2: Early withdrawal penalty
Box 3 Amount	12	Amount	Box 3: Interest on U.S. Savings Bonds and Treas. obligations
Box 4 Amount	12	Amount	Box 4: Federal income tax withheld
Box 5 Amount	12	Amount	Box 5: Investment expenses
Box 6 Amount	12	Amount	Box 6: Foreign tax paid
Box 7 Foreign	16	Text	Box 7: Foreign Country or U.S. Possession
Box 8 Amount	12	Amount	Box 8: Tax-exempt interest
Box 9 Amount	12	Amount	Box 9: Specified private activity bond interest
Box 10 Amount	12	Amount	Box 10: Market discount
Box 11 Amount	12	Amount	Box 11: Bond premium
Box 12 Amount	12	Amount	Box 12: Bond premium on Treasury obligations
Box 13 Amount	12	Amount	Box 13: Bond premium on tax-exempt bond
Box 14 CUSIP No	13	Number	Box 14: Tax-exempt bond CUSIP
Box 15 State	2	Text	Box 15: State	Use state abbreviation
Box 16 ID Number	20	Text	Box 16: State identification no.	Given by State Department of Revenue
Box 17 Amount	12	Amount	Box 17: State tax withheld

IRS 1099-INT Form: 1099-INT Form