Tax Resource Center

$10 minimum requirement
Form 1099-INT is produced if the aggregated interest earned for a particular Tax ID number is $10 or more. For individuals, the Tax ID number is typically your Social Security number.

Primary owner requirement
Only the primary owner will receive a Form 1099-INT. If you are listed first on an account, you are considered the primary owner. You may co-own an account(s) with another person – spouse, partner, child, etc. If they are listed second on the account, they would be considered the secondary owner.

Typically, TD Bank mails 1099 tax forms to applicable customers in late January. If this applies to you, then you can expect to receive your tax information within the first two weeks of February.

To issue you a Form 1099-INT, TD Bank reviews all of your account relationships (interest-earning accounts like checking, savings, money market and CD accounts) and sends one Form 1099-INT to cover all of your accounts in which you are the primary owner.

Special note about Individual Retirement Accounts (IRAs)
IRAs do not receive a Form 1099-INT. Interest postings to IRAs are not reportable. However, distributions from an IRA are reported to you and the IRS on a Form 1099-R. This form is mailed out in late January for the prior tax year.