Did you earn interest or dividends this year? Common examples include:
- Interest from savings accounts or CDs
- Dividends from stocks or mutual funds
You’ll typically receive one of the following forms:
- Form 1099-INT – for interest income
- Form 1099-OID – for original issue discount interest
- Form 1099-DIV – for dividend income
These forms are usually issued when your earnings reach $10 or more, but all interest and dividend income is taxable, even if you don’t receive a form.
Be sure to report all such income on your return.