As 2022 comes to an end, tax season fast approaches and the tax information that is being provided to the IRS will be reported on your December 2022 account statement.
Members who are currently enrolled in e-statements will not receive a paper copy of the 1099-INT. Instead, it will be uploaded to online banking and will be ready to be viewed after January 1, 2023. If you are enrolled in e-statements and prefer to receive a paper copy, please contact us to discuss deactivating e-statements prior to December 31, 2022.
When you receive your December statement, follow this link to download the “Instructions for Recipient” information found on the back of a standard 1099-INT form. These instructions explain how to read the tax information that will appear at the end of your December statement. Please contact us at 363-4631 with any questions.