- Membership
- Certification
- Resources
- Events
- Community
- About
- Help
1099-INT Interest Reporting Threshold
August 11, 2026
Q. What is the 1099INT Interest Threshold? I believe the threshold should be $600, information from the IRS is indicating $10 or more.
A.
Answered by IOFM's third-party tax expert.
The $10 threshold applies to investment interest such as a bank paying interest on a savings account. The $2,000 threshold applies to interest paid in the course of a trade or business, such as interest on a loan or other types of interest payments not related to financial accounts.
#128696
Become A Member
Join IOFM today as a Professional, Business, or Enterprise Member — or upgrade your Starter Membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!
Naturally, this forum doesn’t allow the kind of full information exchange necessary for the Institute of Finance & Management (IOFM) to provide legal advice and the Expert is not a tax attorney in any event. Please understand that the nature of our responses are limited by these constraints as well as the site’s Terms of Use. If you have further questions or suggestions about how we can improve IOFM, please let us know.
Ask The Expert is a member resource of IOFM and all advice provided is subject to site’s Terms of Use.
What are you waiting for?
