Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Investopedia / ...
If you received interest income throughout the year, you'll probably receive a Form 1099-INT detailing those payments. Here's what it means and what to do with it. Many, or all, of the products ...
When our 1099s for interest and dividends began rolling in during the onset of tax season, many of us received what is called a form 1099 — OID. You may ask yourself “What is this OID? A new ...
Each January, your mailbox and email are likely filled with tax forms. You’ll receive a W-2 reporting your wages if you work for an employer. But if you do any self-employed or freelance work, you may ...
Interest is the cost to use money. Borrowers pay interest on loans so the money can be used to buy a car, home or other personal need. Banks pay certain account types interest on assets to the bank ...
QI own some U.S. Treasury Inflation Protected Securities (TIPS) that I purchased from Treasury Direct. This year I received a form 1099-OID that shows a negative amount for my 2006 amount of Original ...