1099-INT: Interest income
Who sends it: Banks, credit unions, brokerages and TreasuryDirect.
What it reports: Interest from savings, checking, money market accounts, CDs, Treasury bills, notes and bonds, and savings bonds you cashed. Bank sign-up bonuses are often reported here too.
Sent when: $10 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Interest income (bank and CD interest) |
| 2 | Early withdrawal penalty you paid on a CD (deductible) |
| 3 | Interest on U.S. savings bonds and Treasuries (free of state income tax) |
| 4 | Federal tax withheld |
| 8 | Tax-exempt interest (municipal bonds) |
Where it goes: Form 1040, taxable interest (Schedule B if total interest is over $1,500). The box 2 penalty goes on Schedule 1 as an adjustment.
Watch for: Interest is taxable even if no form arrives. Treasury interest in box 3 is exempt from state tax, so subtract it on your state return.
See also: How savings interest is taxed · Treasury interest and state tax
1099-DIV: Dividends and distributions
Who sends it: Brokerages, mutual fund companies and companies you own shares in directly.
What it reports: Dividends, capital gain distributions from funds, and nontaxable returns of capital.
Sent when: $10 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1a | Total ordinary dividends |
| 1b | Qualified dividends (taxed at the lower capital-gains rates) |
| 2a | Capital gain distributions |
| 5 | Section 199A dividends (from REITs; eligible for the QBI deduction) |
| 7 | Foreign tax paid (claim a credit or deduction) |
| 12 | Exempt-interest dividends from municipal bond funds |
Where it goes: Form 1040, ordinary and qualified dividends; capital gain distributions on Schedule D (or directly on Form 1040 if you have no other gains).
Watch for: Money market fund payouts are dividends, not interest, so they arrive on a 1099-DIV. Reinvested dividends are still taxable.
See also: Capital gains rates
1099-B: Sales of stocks, bonds and funds
Who sends it: Brokerages, usually inside a consolidated 1099 with the INT and DIV.
What it reports: Each sale of stocks, bonds, ETFs and mutual funds: what you received, what you paid, and whether the gain is short or long term.
Sent when: Any amount · Due to you by: February 16, 2027
| Box | What it shows |
|---|
| 1b / 1c | Dates acquired and sold |
| 1d | Proceeds |
| 1e | Cost basis (what you paid) |
| 1g | Wash sale loss disallowed |
| 2 | Short-term or long-term |
Where it goes: Form 8949 and Schedule D. Sales with basis reported to the IRS can often be entered as totals.
Watch for: If basis is blank (shares bought long ago or transferred in), you must supply it, or the IRS treats the whole sale as gain. Corrected 1099-Bs are common into March.
See also: Capital gains rates
1099-DA: Crypto and other digital asset sales
Who sends it: Crypto exchanges and other digital asset brokers.
What it reports: Sales and exchanges of crypto, stablecoins and NFTs through a broker. Gross proceeds are reported for sales from 2025; for sales from 2026, cost basis is also reported for assets bought on or after January 1, 2026 and kept at the same broker.
Sent when: Any amount · Due to you by: February 16, 2027
| Box | What it shows |
|---|
| 1b / 1c | Asset name and units sold |
| 1f | Proceeds |
| 1g | Cost basis (assets bought in 2026 or later at that broker) |
| 9 | Checked if the asset is noncovered (basis not reported to the IRS) |
Where it goes: Form 8949 and Schedule D, like stock sales.
Watch for: Basis is usually missing for coins bought before 2026 or moved in from another wallet. Keep your own purchase records, and report crypto income (staking, payments) separately even without this form.
See also: Crypto taxes guide · Capital gains tax calculator
1099-K: Payment apps and card payments
Who sends it: Payment apps and online marketplaces (PayPal, Venmo, Etsy, eBay) and card processors.
What it reports: Gross payments you received for goods or services. Apps send one only when payments top the threshold below, but some send it for less.
Sent when: Over $20,000 and over 200 payments · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1a | Gross amount (before fees, refunds and shipping) |
| 1c | Cash tips (from 2026) |
| 1d | Treasury tipped occupation code (from 2026) |
| 4 | Federal tax withheld |
Where it goes: Business sales on Schedule C. Personal items sold for less than you paid are not taxable, but the amount is entered on Schedule 1 and backed out so the totals match; items sold at a gain go on Form 8949.
Watch for: Gross means before fees, so do not report the box 1a total as profit. Money from friends for shared bills should not be on a 1099-K; if it is, ask the app to correct it.
See also: Contractor tax checklist · Payment app fees compared (Your Best Savings)
1099-NEC: Freelance and contract pay
Who sends it: Businesses that paid you for work as an independent contractor.
What it reports: Pay for services from each client that paid you at least the threshold below in the year.
Sent when: $2,000 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1a | Nonemployee compensation (box 1 before 2026) |
| 1b | Cash tips (from 2026) |
| 1c | Treasury tipped occupation code (from 2026) |
| 1d | Overtime compensation (from 2026) |
| 4 | Federal tax withheld |
Where it goes: Schedule C (business income and expenses) and Schedule SE (self-employment tax).
Watch for: All self-employment income is taxable, including clients who paid less than the threshold and sent nothing. Deduct expenses against it and plan quarterly estimated payments.
See also: Self-employment tax calculator · Contractor tax checklist
1099-MISC: Rents, royalties, prizes and other income
Who sends it: Businesses that paid you rent, royalties, prizes or awards, and some banks for account bonuses.
What it reports: Payments that are not pay for services: rent, royalties, prizes, awards, some bank bonuses, and certain legal settlements.
Sent when: $2,000 or more ($10 for royalties) · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Rents |
| 2 | Royalties |
| 3 | Other income (prizes, awards, many bank bonuses) |
| 4 | Federal tax withheld |
| 13a / 13b | Cash tips and Treasury tipped occupation code (from 2026) |
| 14 | Overtime compensation (from 2026) |
Where it goes: Rents and royalties on Schedule E; other income (box 3) on Schedule 1.
Watch for: Box 3 income is not subject to self-employment tax unless it is really business income. Bonuses under the threshold are still taxable.
See also: Bank bonuses and card rewards
1099-R: Retirement account withdrawals
Who sends it: IRA custodians, 401(k) and pension plans, and insurance companies (annuities).
What it reports: Distributions, rollovers and Roth conversions from IRAs, 401(k)s, pensions and annuities.
Sent when: $10 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Gross distribution |
| 2a | Taxable amount (may be blank; you figure it) |
| 4 | Federal tax withheld |
| 7a | Distribution code(s): 1 early (10% extra tax may apply), 7 normal, G direct rollover, Q qualified Roth |
Where it goes: Form 1040, IRA distributions or pensions and annuities. A direct rollover (code G) is reported but not taxed.
Watch for: Early withdrawals before 59½ usually add a 10% tax on Form 5329 unless an exception applies. Check the code in box 7a (box 7 on older forms) before entering it.
1099-G: Unemployment and state tax refunds
Who sends it: State unemployment agencies and state or local tax departments.
What it reports: Unemployment benefits, state and local income tax refunds, and some government grants and paid-family-leave payments.
Sent when: $10 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Unemployment compensation |
| 2 | State or local income tax refund |
| 4 | Federal tax withheld |
Where it goes: Schedule 1: unemployment is fully taxable federally; a state refund is taxable only if you itemized last year and deducted state income tax.
Watch for: Most people who took the standard deduction last year can ignore box 2. Report a 1099-G for unemployment you never received to the state as possible identity theft.
1099-Q: 529 plan and Coverdell withdrawals
Who sends it: 529 plan managers and Coverdell ESA custodians.
What it reports: Withdrawals from education savings accounts, split into contributions and earnings.
Sent when: Any amount · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Gross distribution |
| 2 | Earnings |
| 3 | Basis (your contributions) |
| 4a / 4b | Type of transfer: trustee-to-trustee, or 529 to Roth IRA |
Where it goes: Nowhere, if the withdrawal was spent on qualified education costs in the same year. Otherwise the earnings share is income (and usually a 10% extra tax).
Watch for: The form goes to whoever received the money (owner or student). Match withdrawals to expenses paid in the same calendar year, and do not double-count costs used for an education credit.
See also: 529 plan tax rules
1099-SA: HSA withdrawals
Who sends it: HSA custodians.
What it reports: Money you took out of a health savings account (or Archer or Medicare Advantage MSA).
Sent when: Any amount · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Gross distribution |
| 3 | Distribution code (1 = normal) |
Where it goes: Form 8889, where you show the withdrawals paid for qualified medical expenses.
Watch for: Withdrawals for medical costs are tax-free; others are taxable plus 20% before age 65. Your HSA contributions arrive separately on Form 5498-SA in May.
See also: HSA tax rules
1099-C: Canceled debt
Who sends it: Lenders and card issuers that forgave or settled a debt.
What it reports: The amount of debt canceled, such as a settled credit card balance.
Sent when: $600 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 2 | Amount of debt canceled |
| 6 | Identifiable event code |
Where it goes: Schedule 1, other income, unless an exclusion applies (Form 982).
Watch for: If you were insolvent (debts larger than assets) right before the cancellation, some or all of it may be excluded. Bankruptcy discharges are excluded too.
1099-S: Real estate sales
Who sends it: The closing agent or title company.
What it reports: Gross proceeds from selling a home, land or other real estate.
Sent when: $600 or more · Due to you by: February 16, 2027
| Box | What it shows |
|---|
| 1 | Date of closing |
| 2a | Total gross proceeds |
Where it goes: Form 8949 and Schedule D if any gain is taxable. A main-home sale whose gain is fully covered by the exclusion ($250,000, or $500,000 married filing jointly) may not need to be reported.
Watch for: Proceeds are not profit: subtract what you paid plus improvements and selling costs to find the gain.
1099-OID: Original issue discount
Who sends it: Brokerages and banks.
What it reports: Interest that builds up on bonds and some multi-year CDs bought at a discount, even though you are not paid it until later.
Sent when: $10 or more · Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 1 | Original issue discount for the year |
| 2 | Other periodic interest |
| 8 | OID on U.S. Treasury obligations |
Where it goes: Form 1040, taxable interest (with Schedule B).
Watch for: You owe tax each year on OID you did not receive in cash, such as on zero-coupon bonds and Treasury STRIPS.
See also: How savings interest is taxed
SSA-1099: Social Security benefits
Who sends it: The Social Security Administration (RRB-1099 for railroad retirement).
What it reports: Social Security benefits paid to you in the year, after Medicare premiums are added back.
Due to you by: February 1, 2027
| Box | What it shows |
|---|
| 3 | Benefits paid |
| 4 | Benefits repaid |
| 5 | Net benefits (box 3 minus box 4) |
Where it goes: Form 1040, Social Security benefits. Up to 85% is taxable depending on your other income.
Watch for: The new senior deduction lowers taxable income but does not make Social Security tax-free. Download a replacement from your my Social Security account.
See also: Senior deduction calculator
No form matches. Try a form number such as INT or NEC.