what does a 1099-int form report to the irs?\nthe amount of dividend payment you receive from your savings…

what does a 1099-int form report to the irs?\nthe amount of dividend payment you receive from your savings account\nthe amount of interest that you earned from a savings account\nthe number of sales you made of stocks or cryptocurrency\nthe overall value of all your investments and savings accounts

what does a 1099-int form report to the irs?\nthe amount of dividend payment you receive from your savings account\nthe amount of interest that you earned from a savings account\nthe number of sales you made of stocks or cryptocurrency\nthe overall value of all your investments and savings accounts

Answer

Brief Explanations:

A 1099 - INT form is used to report interest income. Dividends are reported on 1099 - DIV, stock/crypto sales on 1099 - B, and investment/savings value isn't reported on 1099 - INT. The second option is about interest from a savings account, which matches what 1099 - INT reports.

Answer:

B. The amount of interest that you earned from a savings account