Download Form 1099-INT
About Form 1099-INT
Sellers receive Form 1099-INT generally because they earned $10 or more in interest income in their Square Savings accounts, including any closed accounts, during the relevant tax year. If your account does not receive at least $10 in interest, you won’t receive a Form 1099-INT unless federal or state tax was withheld from your interest payments during the year.
Box 4 on Form 1099-INT shows any federal backup withholding tax on your interest payments during the year. Generally, Square Financial Services must backup withhold tax from your interest payments if you indicated that you’re subject to withholding or you did not properly furnish your tax information to us.
Before you begin
If you are eligible, your 1099-INT tax form will be available to download on your Square Dashboard by January 31.
You can find additional instructions for filing with your Forms 1099-INT on the IRS website. Per IRS instructions, while you don’t need to attach copies of Form(s) 1099-INT you receive when you file your taxes, you do need to enter the information from the forms on your return. Consult your tax advisor for guidance.
Download Form 1099-INT
You can download your Form 1099-INT from your Square Dashboard.
Sign in to your Square Dashboard and select Account & Settings.
Click Business information > Tax Forms.