Your 1099-INT tax form will be mailed by January 31, 2021. Once mailed, the form(s) should arrive at the address on file for your account within about 10 business days. If you do not receive your tax form by February 14, 2021, you may contact us to request a reissue of your tax form(s).
- If you met the minimum income earned ($10.00 in interest or bonuses) for the 1099-INT form between January 1, 2020 and September 30, 2020 (01/01/20–09/30/20), you will receive your 1099-INT tax form from our partner bank, The Bancorp Bank. All 1099-INT forms from The Bancorp Bank will also be mailed by January 31, 2021.
- If you met the minimum income earned requirements ($10.00 in interest or bonuses) for the 1099-INT form between October 1, 2020 and December 31, 2020 (10/01/20–12/31/20), you will receive your 1099-INT tax form directly from Varo Bank.
- If you met the requirements during both time periods, you will receive one form from The Bancorp Bank and one form from Varo Bank.
Learn more about tax forms here.