Form 1099

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U.S. tax form used by payer to report interest, dividends, royalties, capital gains, miscellaneous income, and other distributions.

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Official disclosure of calendar year payments, such as bank interest earned on deposit and escrow accounts, stock dividends, bond interest, pension payments, and royalties required for income tax reporting. Banks and other organizations reporting interest or dividend payments mail a 1099 notice to their customers early in a new year.

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