C voip

im

CORRECTED

PAYER’S name, street address, city, state, and ZIP code 1 Total original issue discount OMB No. 1545-0117
for 1
$ 1988 Original Issue
2 Other periodic interest Discount
Statement for
$ Recipients of
PAYER'S Federal identification number | RECIPIENT'S identification number 3 Early withdrawal penalty 4 Federal income tax withheld Copy Cc
$ $ For Payer
RECIPIENT'S name (first, middie, last) 5 Description For Paperwork
Reduction Act
Notice and
instructions for
Street address Y YY YY YY YT MW, completing this
Y yy Y Y Y Yy form, see
City, state, and ZIP code YY YY Instructions for
Yj Y/ yy yj Forms 1099,
yyy i WI 1098, 5498,
‘Account number (optional) y/ Y // yy 1096, and W-2G.

Form 1099-OID

Department of the Treasury - Internal Revenue Service

voip {] CORRECTED
PAYER’S name, street address, city, state, and ZIP code 1 Total original issue discount OMB No. 1545-0117
for 1988
3 1988 Original Issue
2 Other periodic interest Discount
Statement for
$ Recipients of
PAYER'S Federal identification number | RECIPIENT'S identification number 3 Early withdrawal penalty 4 Federal income tax withheld Copy c
$ $ For Payer
RECIPIENT'S namie (first, middle, last) 5 Description For Paperwork
Reduction Act
Notice and
street ade instructions for
rect address completing this
form, see
City, state, and ZIP code Instructions for
Forms 1099,
1098, 5498,
Account number (optional) 1096, and W-2G.

Form 1099-OID

Department of the Treasury - Internai Revenue Service

Clvoip = (_] CORRECTED
PAVER'S name, street address, city, state, and ZIP code 1 Totalgralissedacount_ ] ONBNo. 15450117
for
$s 1988 Original Issue
2 Other periodic interest Discount
Statement for

$ Recipients of
PAYER'S Federal identification number | RECIPIENT'S identification number 3 Early withdrawal penalty 4 Federal income tax withheld Copy Cc

$ $ For Payer
RECIPIENT'S name (first, middle, last) 5 Description

Street address

City, state, and ZIP code

For Paperwork
Reduction Act
Notice and

Account number (optional)

instructions for
completing this
form, see
Instructions for
Forms 1099,
1098, 5498,
1096, and W-2G.

Form 1099-O1D

Department of the Treasury - Internal Revenue Service


Instructions for Recipient

Original issue discount (OID) means the difference between the stated
redemption price at maturity and the issue price of a bond, debenture, note,
or other evidence of indebtedness, or the acquisition price of a stripped
bond or coupon. This also applies to certificates of deposit, time deposits,
bonus savings plans, and other deposit arrangements having a term of more
than 1 year, provided the payment of interest is deferred until maturity.
Original issue discount is taxable over the life of the obligation. If you are the
holder of one of these obligations, you must include a part of the original
Issue discount in your gross income each year you hold the obligation.

If, as the record holder, you receive Form 1099-OID showing OID or other
periodic interest belonging to another person, you are considered a nominee
recipient. You must file another Form 1099-OID showing the actual owner
as “recipient” and you as the “payer " Show the OID for the entire year,
even if the actual owner did not own the obligation for the entire year.
Complete Form 1099-O1D and Form 1096, Annual Summary and
Transmittal of U. S. Information Returns, and file both forms with the
Internal Revenue Service Center for your area. Also give a copy of the form
you are filing with IRS to the actual owner A husband or wife is not required
to file a nominee return to show payments for the other. If you bought or
sold an obligation during the year and you are not a nominee, you are not
required to issue or file Form 1099-OID showing the portion of OID or stated
interest allocable to the seller/buyer of the obligation.

Box 1.—Shows the total OID on the obligation for the calendar year. If you
bought the obligation at original issue and you held the obligation for the
entire year or for the part of the year it was outstanding, report the entire
amount in Box 1 as interest income on your income tax return. If you did not

Instructions for Recipient

Original issue discount (OID) means the difference between the stated
redemption price at maturity and the issue price of a bond, debenture, note,
or other evidence of indebtedness, or the acquisition price of a stripped
bond or coupon. This also applies to certificates of deposit, time deposits,
bonus savings plans, and other deposit arrangements having a term of more
than 1 year, provided the payment of interest is deferred until maturity.
Original issue discount is taxable over the life of the obligation. If you are the
holder of one of these obligations, you must include a part of the original
issue discount in your gross income each year you hold the obligation.

{f, as the record holder, you receive Form 1099-OID showing OID or other
periodic interest belonging to another person, you are considered a nominee
recipient. You must file another Form 1099-OID showing the actual owner
as “recipient” and you as the “payer " Show the OID for the entire year,
even if the actual owner did not own the obligation for the entire year.
Complete Form 1099-OID and Form 1096, Annual Summary and
Transmittal of U. S. Information Returns, and file both forms with the
Internal Revenue Service Center for your area. Also give a copy of the form
you are filing with IRS to the actual owner A husband or wife is not required
to file a nominee return to show payments for the other. If you bought or
sold an obligation during the year and you are not a nominee, you are not
required to issue or file Form 1099-O1D showing the portion of OID or stated
interest allocable to the seller/buyer of the obligation.

Box 1.—Shows the total OID on the obligation for the calendar year. If you
bought the obligation at original issue and you held the obligation for the
entire year or for the part of the year it was outstanding, report the entire
amount in Box 1 as interest income on your income tax return. If you did not

Instructions for Recipient

Original issue discount (OID) means the difference between the stated
redemption price at maturity and the issue price of a bond, debenture, note,
or other evidence of indebtedness, or the acquisition price of a stripped
bond or coupon. This also applies to certificates of deposit, time deposits,
bonus savings plans, and other deposit arrangements having a term of more
than 1 year, provided the payment of interest is deferred until maturity
Original issue discount is taxable over the life of the obligation. If you are the
holder of one of these obligations, you must include a part of the original
issue discount in your gross income each year you hold the obligation.

If, as the record holder, you receive Form 1099-OID showing OID or other
periodic interrst belonging to another person, you are considered a nominee
recipient. You must file another Form 1099-OiD showing the actual owner
as “recipient” and you as the “payer ” Show the OID for the entire year,
even if the actual owner did not own the obligation for the entire year.
Complete Form 1099-OID and Form 1096, Annual Summary and
Transmittal of U. S. information Returns, and file both forms with the
Internal Revenue Service Center for your area. Also give a copy of the form
you are filing with IRS to the actual owner A husband or wife 1s not required
to file a nominee return to show payments for the other. If you bought or
sold an obligation during the year and you are not a nominee, you are not
required to issue or file Form 1099-OID showing the portion of OID or stated
interest allocable to the seller/buyer of the obligation.

Box 1.—Shows the total OID on the obligation for the calendar year. If you
bought the obligation at original issue and you held the obligation for the
entire year or for the part of the year it was outstanding, report the entire
amount in Box 1 as interest income on your income tax return. If you did not

buy the obligation at original issue or if you disposed of the obligation during
the year, or if the obligation is a stripped bond or stripped coupon, you must
compute your proper amount of OID. See Publication 1212, List of Original
Issue Discount Instruments, for help in making this computation.

Box 2.—Shows other interest on this obligation for the year, which is an
amount separate from the OID. If you held the obligation the entire year,
report this amount as interest income on your tax return. If you disposed of the
obligation or acquired it from another hoider during the year, see Publication
550, Investment Income and Expenses, for reporting instructions. If you are a
regular interest holder in a REMIC that is substantially similar to a single class
investment trust, the amount in Box 2 includes your share of the investment
‘expenses of the REMIC, which are deductible as a “Miscellaneous Deduction”
on Form 1040 subject to the 2% limit.

Box 3.—Shows the amount of interest or principal forfeited by you if you
withdrew the money before the maturity date of the obligation. You may
deduct this on your Federal income tax return only on the specific line of
Form 1040 under "Adjustments to Income.”

Box 4.—Shows the amount withheld for backup withholding. For example,
persons not furnishing their taxpayer identification number to the payer
become subject to backup withholding at a 20% rate on certain payments
shown on the form. See Form W-9, Request for Taxpayer Identification
Number and Certification, for information on backup withholding and the
furnishing of your taxpayer identification number to the payer. Include this
amount on your income tax return as tax withheld.

Box 5.—Shows the identification number (CUSIP number) or description of
the obligation. The description may include the stock exchange, issuer.
coupon rate, and year of maturity.

buy the obligation at original issue or if you disposed of the obligation during
the year, or if the obligation is a stripped bond or stripped coupon, you must
compute your proper amount of OID. See Publication 1212, List of Original
Issue Discount Instruments, for help in making this computation.

Box 2.—Shows other interest on this obligation for the year, which is an
amount separate from the OID. If you held the obligation the entire year,
report this amountas interest income on your tax return. If you disposed of the
obligation or acquired it from another holder during the year, see Publication
550, Investment Income and Expenses, for reporting instructions. If you are a
regular interest holder in a REMIC that is substantially similar to a single class
investment trust, the amount in Box 2 includes your share of the investment
expenses of the REMIC, which are deductible as a “Miscellaneous Deduction”
on Form 1040 subject to the 2% limit.

Box 3.—Shows the amount of interest or principal forfeited by you if you
withdrew the money before the maturity date of the obligation. You may
deduct this on your Federal income tax return only on the specific line of
Form 1040 under “Adjustments to Income.”

Box 4.—Shows the amount withheld for backup withholding. For example,
persons not furnishing their taxpayer identification number to the payer
become subject to backup withholding at a 20% rate on certain payments
shown on the form. See Form W-9, Request for Taxpayer Identification
Number and Certification, for information on backup withholding and the
furnishing of your taxpayer identification number to the payer. Include this
amount on your income tax return as tax withheld

Box 5.—Shows the identification number (CUSIP number) or description of
the obligation. The description may include the stock exchange, issuer,
coupon rate, and year of maturity.

buy the obligation at original issue or if you disposed of the obligation during
the year, or if the obligation is a stripped bond or stripped coupon, you must
compute your proper amount of OID. See Publication 1212, List of Original
Issue Discount Instruments, for help in making this computation.

Box 2.—Shows other interest on this obligation for the year, which is an
amount separate from the OID. If you held the obligation the entire year,
report this amount as interest income on your tax return. If you disposed of the
obligation or acquired it from another holder during the year, see Publication
550, investment Income and Expenses, for reporting instructions. If you are a
regular interest holder in a REMIC that is substantially similar to a single class
investment trust, the amount in Box 2 includes your share of the investment
expenses of the REMIC, which are deductible asa "Miscellaneous Deduction”
on Form 1040 subject to the 2% limit

Box 3.—Shows the amount of interest or principal forfeited by you if you
withdrew the money before the maturity date of the obligation. You may
deduct this on your Federal income tax return only on the specific line of
Form 1040 under “Adjustments to Income.”

Box 4.—Shows the amount withheld for backup withholding. For example,
persons not furnishing their taxpayer identification number to the payer
become subject to backup withholding at a 20% rate on certain payments
shown on the form. See Form W-9, Request for Taxpayer Identification
Number and Certification, for information on backup withholding and the
furnishing of your taxpayer identification number to the payer. Include this
amount on your income tax return as tax withheld

Box 5.—Shows the identification number (CUSIP number) or description of
the obligation. The description may include the stock exchange, issuer,
coupon rate, and year of maturity.


S696 (voip

(1 CORRECTED

For Official Use Only

‘Type or machine print PAYER'S name, street address, city, state, and ZIP code

T Total orginal issue discount
for 1988

$

OMB No. 1545-0117

1988

Original Issue

2 Other periodic interest Discount
Statement for
$ Recipients of

PAYER’S Federal identification number | RECIPIENT'S identification number 3 Early withdrawal penalty 4 Federal income tax withheld Copy A
$ $ For Internal

Type or machine print RECIPIENT'S name (first, middle, last) 5 Description Revenue
Service Center

For Paperwork
Reduction Act

Street address Notice and

instructions for
completing this

Do NOT Cut or Se

bob (voi

(1 CORRECTED

parate Forms on This Page

For Official Use Only

“Type or machine print PAYER’S name, street address, city, state, and ZIP code

1 Total original issue discount
for 1!

$

‘OMB No. 1545-0117

1988

City, state, and ZIP code form, see
Instructions for

‘Account number (optional) forms 2099.
1096, and W-2G.

Form 1099-OID Department of the Treasury - Internal Revenue Service

Original Issue

2 Other periodic interest Discount
Statement for

$ Recipients of
PAYER'S Federal identification number | RECIPIENT'S identification number —_| 3 Early withdrawal penalty 4 Federal income tax withheld Copy A
$ $ For Internal
Type or machine print RECIPIENT'S name (first, middle, last) 5 Description Revenue
Service Center
For Paperwork
Reduction Act
Street address Notice and

instructions for
completing this

City, state, and ZIP code form, see
. Instructions for

‘Recount number (optional) {ton 5498
1096, and W-2G.

Form 1099-OID Department of the Treasury - Internal Revenue Service

Do NOT Cut or Separate Forms on This Page

4696 Cl voi

(1 CORRECTED

For Official Use Only

“Type or machine print PAYER’S name, street address, city, state, and ZIP code

T Total original issue discount
for 1988

$

‘OMB No. 1545-0117

1988

2 Other periodic interest

$

Statement for
Recipients of

Original Issue
Discount

PAYER’S Federal identification number | RECIPIENT'S identification number

3 Early withdrawal penalty

$

4 Federal income tax withheld

$

Type or machine print RECIPIENT'S name (first, middle, last)

5 Description

Street address

City, state, and ZIP code

‘Account number (optional)

Copy A

For Internal
Revenue
Service Center
For Paperwork
Reduction Act
Notice and
instructions for
completing this
form, see
Instructions for
Forms 1099,
1098, 5498.
1096, and W-2G.

Form 1099-O1D

Department of the Treasury - Internal Revenue Service




(J CORRECTED (if checked)

PAYER'S name, street address, city, state, and ZIP code

1 Total original issue discount | OMB No. 1545-0117

for 1988*

$ 1988

Original Issue

2 Other periodic interest Discount
Statement for
$ Recipients of
PAYER'S Federal identification number | RECIPIENT'S identification number | 3 Early withdrawal penalty | 4 Federal income tax withheld Copy B

$ $

RECIPIENT'S name (first, middle, last)

Street address

City, state, and ZIP code

5 Description

_

‘Account number (optional)

* This may not be the correct figure to be reported on your!
income tax return. See instructions.

For Recipient
This ts important tax
information and is
being furnished to the
Internal Revenue
Service. If you are
required to file a
return, a negligence
penalty or other
sanction will be
imposed on you if this
income 1s taxable and
the IRS determines
that it has not been
reported.

Form 1099-OID

Department of the Treasury - internal Revenue Service

{_] CORRECTED (if checked)

PAYER’S name, street address, city, state, and ZIP code

1 Total original issue discount | OMB No. 1545-0117

for 1988*

s 1988

Original Issue

2 Other periodic interest Discount
Statement for
$ Recipients of
PAYER’S Federal identification number] RECIPIENT'S identification number | 3 Early withdrawal penalty 4 Federal income tax withheld Copy B

$ $

RECIPIENT'S name (first, middle, last)

Street address

City, state, and ZIP code

5 Description

Account number (optional)

* This may not be the correct figure to be reported on your
income tax return. See instructions.

For Recipient
This is important tax
information and is
being furnished to the
internal Revenue
Service. If you are
required to file a
return, a negligence
penalty or other
sanction will be
imposed on you if this
income is taxable and
the IRS determines
that it has not been
reported.

Form 1099-OID

Department of the Treasury - Internal Revenue Service

(_] CORRECTED (if checked)

PAYER’S name, street address, city, state, and ZIP code

1 Total original issue discount | OMB No. 1545-0117

for 1988*

s 1988

Original Issue

$ $

RECIPIENT'S name (first, middle, last)

Street address

City, state, and ZIP code

5 Description

__

‘Account number (optional)

* This may not be the correct figure to be reported on your
income tax return. See instructions.

2 Other periodic interest Discount
Statement for
$ Recipients of
PAYER’S Federal identification number | RECIPIENT'S identification number | 3 Early withdrawal penalty | 4 Federal income tax withheld Copy B

For Recipient

This is important tax
information and is
being furnished to the
internal Revenue
Service. If you are
required to file a
return, negligence
penalty or other
sanction will be
imposed on you if this,
income is taxable and
the IRS determines
that it has not been
reported.

Form 1099-OID

Department of the Treasury - Internal Revenue Service