what is form 1099 int 
form 1099 int is a tax form issued by interest paying entities such as banks investment firms and other financial institutions to taxpayers who receive interest income of 10 or more the information recorded on the form must be reported to the irs 1who must file form 1099 int form 1099 int must be filed by any entity that pays interest such as banks brokerages investment firms mutual funds and other financial institutions they must file the form to anyone who receives interest income of at least 10 when they withhold and pay foreign taxes on interest and whenever the issuer withholds federal income tax without refunding it one copy must be sent to the irs and another to the taxpayer 1