Taxable Interest

Official source

Each payer should send you a Form 1099-INT or Form 1099-OID. Enter your total taxable interest income on line 2b. But you must fill in and attach Schedule B if the total is over $1,500 or any of the other conditions listed at the beginning of the Schedule B instructions applies to you.

For more details about reporting taxable interest, including original issue discount or market discount on debt instruments and adjustments for amortizable bond premium or acquisition premium, see Pub. 550.

Interest credited in 2025 on deposits that you couldn’t withdraw because of the bankruptcy or insolvency of the financial institution may not have to be included in your 2025 income. For details, see Pub. 550.

If you get a 2025 Form 1099-INT for U.S. savings bond interest that includes amounts you reported before 2025, see Pub. 550.

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Taxable Interest

Official source

Each payer should send you a Form 1099-INT or Form 1099-OID. Enter your total taxable interest income on line 2b. But you must fill in and attach Schedule B if the total is over $1,500 or any of the other conditions listed at the beginning of the Schedule B instructions applies to you.

For more details about reporting taxable interest, including original issue discount or market discount on debt instruments and adjustments for amortizable bond premium or acquisition premium, see Pub. 550.

Interest credited in 2025 on deposits that you couldn’t withdraw because of the bankruptcy or insolvency of the financial institution may not have to be included in your 2025 income. For details, see Pub. 550.

If you get a 2025 Form 1099-INT for U.S. savings bond interest that includes amounts you reported before 2025, see Pub. 550.