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1099-Oid Form: What You Should Know
Form 1099-OID, Original Issue Discount, is a tax form that a seller of an investment security, bond, note, or CD receives on its issuance (it's “offered” to the public). Form 1099-OID, as its name suggests, reports the amount of a purchase discount for an asset's sale at a particular price. Form 1099-OID, Original Issue Discount — IRS Nov 3, 2018— Form 1099-OID, Original Issue Discount, can be used by any payee of an income or other taxable interest (e.g., stockholders, bondholders, etc.) that receives a derivative tax benefit (such as tax-exempt bonds). Form 1099-OID, Original Issue Discount — IRS Sep 16, 2023 — A Form 1099-OID that reports the amount of interest, if any, which had been paid on a derivative tax-beneficial interest had the interest been issued at its fair market value at the time of purchase with the same or greater purchase price paid for the original security.
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