Tax question. Form 1099

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Tax question. Form 1099

01-29-2005, 01:09 AM

95benzman

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Join Date: Mar 2004

Location: South Jersey/Phila

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Tax question. Form 1099

Hi All
Any tax experts here? if so, need some info on the following, pretaining to IRS form 1099. Will a Bank or Investment Company submit a 1099 to the IRS for interest on an account, when the interest is less then $100.00?
Will I need to show this amount as income on my 1040? Thanks.

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