What Is Form 1099-OID: Original Issue Discount? Form 1099-OID: Original Issue Discount is an Internal Revenue Service (IRS) form that taxpayers receive if their taxable income for the year ...
You might receive this document if you have freelance work, investment income, retirement distributions or other financial transactions.
Form 1099-OID is a bit more obscure than most other 1099s, and many investors will never even receive one. The “OID” in Form ...
Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...
Cultura RM Exclusive/Stefano Gilera / Getty Images Form 1099-Q: Payments From Qualified Education Programs is an Internal Revenue Service (IRS) tax form sent to individuals who receive ...