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If you have an ING Direct Savings account, check your email. Your 2006 tax documents should be ready. From the ING Direct website:
| You get a 1099 if you are… |
| The primary owner of one or more deposit account(s) that earned in total more than $10 in interest in 2006. For example, a deposit account could be an Orange Savings Account or an Orange CD. |
|
and/or |
| The primary account holder of one or more 6, 9 or 12 month Orange CD(s) that matured during the year and earned in total more than $10 in interest during 2006. |
|
and/or |
| The primary holder of one or more multi-year Orange CD(s) held for more than 12 months and the total interest earned during 2006 is more than $10. |
Log-in to your account, and check the top right-hand side of the page. There’s a link to your tax documents. You can download and print.
One quick note: If you are thinking about opening and ING Direct account, I’ve got a few more referrals left. Click the link for more information.

January 18th, 2007
NCN
Posted in 


Do you know….my kids have ING accounts. They are listed as primary, and I’m listed as secondary. Do I have to claim their interest? Or do they have to file somehow? They are 10 and 12.
Karen… I’ve found a few resources dealing with this issue. I’ll write a post, so everyone can see. Check the site after about 10:20 Easter Time Thursday. Thanks, NCN
Karen, here’s the post…
http://www.ncnblog.com/2007/01/18/do-kids-pay-taxes-on-interest-income/