If you file a return with information that does not match the Form 1099-INT, it could trigger an automatic penalty or an actual audit. Interest income reported on Form 1099-INT must be included on ...

The interest-paying entity must file a 1099-INT on any interest over $10 paid during the year. The form must be reported to the IRS and sent to each interest recipient by Jan. 31 of each year.

If you file a return with information that does not match the Form 1099-INT, it could trigger an automatic penalty or an actual audit. Interest income reported on Form 1099-INT must be included on ...