When will I receive my 1099-INT and 1098 tax forms?
1099-INT and 1098 forms are issued based on IRS guidelines (For example: If your account earned less than $10 in interest, you won't receive a 1099-INT form.) Forms are mailed by the end of January and should arrive mid-February.
If you are enrolled in Online Banking, and meet the IRS guidelines, you can enroll to receive your 1099-INT and 1098 forms electronically. Electronic forms are available by January 31.
Call us at (888) 710-9070 if you have questions or don't receive your form by February 15.
Log in to your Online Banking, choose E-Documents, then select Sign-Up/Changes. Select each account you want enrolled for eStatements.
To enroll for other Notices (including Tax Notices), click the Green Plus Sign next to the account and select the individual notices you want to receive electronically.
To view your electronic documents, you need to enroll for electronic documents prior to the document being generated. Questions? Call us at (888) 710-9070
How do I view and print my tax forms?
If you're enrolled in Online Banking and you meet the IRS guidelines, you can find your 1099- INT and 1098 by signing into Online Banking, choose E-Documents, eStatements/Notices, then select your account, document type - Tax and filter.
How much interest have I earned on my account this year?
You will find this information on your 1099-INT and 1098.
If you are already enrolled to receive Tax Documents electronically, and meet the IRS guidelines, you can find your 1099- INT and 1098 by signing into Online Banking, choose E-Documents, eStatements/Notices, then select your account, document type - Tax and filter.
Electronic notices are available by January 31. Mailed notices should be received by mid-February.
1099-INT
The 1099-INT reports interest income typically of $10 or more from your bank, credit union or other financial institution. The form reports the interest income you received, any federal income taxes withheld, tax-exempt interest and other information.
1098
The 1098 reports the amount of interest and related expenses paid on a mortgage during the tax year when the amount totals $600 or more.
Are CD earnings taxable?
Yes, interest earned on CDs is taxed as income at your individual federal income tax rate. If you earn at least $10 in interest for the year, it will be reported to the IRS using the 1099-INT form.
If you are already enrolled to receive Tax Documents electronically, and meet the IRS guidelines, you can find your 1099- INT by signing into Online Banking, E-Documents, eStatements/Notices, select your account, document type - Tax and filter.
Electronic notices are available by January 31. Mailed notices should be received by mid-February.
What is the deadline for making a contribution to my IRA?
To make sure your contribution is in on time and allocated to the 2023 tax year, it will need to be made no later than April 15, 2024.