This FAQ applies to Flourish Cash. You can review Flourish Crypto FAQs here.
Flourish Cash will provide you with a single consolidated 1099-INT per Flourish Cash account. In this case, you could receive one for your individual account, one for your partner’s individual account, and one for your joint account (if applicable).
These forms will be available for download from within your account by January 31. We will email you once your forms are available within the platform, which you can download at any time. Please note that you will not be able to download your partner’s individual tax form on his or her behalf; each of you will need to download an individual form, while either of you can download the joint form.
A 1099-INT form is used to report interest income earned to the Internal Revenue Service (IRS). You will need this form to do your taxes.