If you received payments from the accelerated death benefits of a life insurance policy, those are reported on this form, too. 1099-OID: You might receive Form 1099-OID if you bought bonds ...
Form 1099-OID is a bit more obscure than most other 1099s, and many investors will never even receive one. The “OID” in Form 1099-OID refers to “original issue discount,” which is a ...
Form 1099-OID documents an "original issue discount." When you purchase a bond for less than its face value, that's called an original issue discount. You'll redeem the bond at its face value when ...
A variety of 1099 Forms are used to report income to the IRS A Form 1099 is issued to report non-employment income to the Internal Revenue Service (IRS). This type of income can include interest ...