What Apple sends you for taxes

Apple Savings, the high-yield savings account offered through Apple Card, sends you a 1099-INT form if you earned $10 or more in interest during the tax year. This is the only tax document Apple generates for the account. You will not receive a 1099 for deposits, transfers, or the account balance itself—only the interest income.

Apple mails the 1099-INT to the address on file by January 31 each year, covering interest earned from January 1 through December 31 of the previous year. The form shows your name, Social Security number, and the total interest paid. You need this to report interest income on your federal tax return (Schedule B if you file Form 1040).

If you earned less than $10 in interest, Apple will not send a 1099-INT, but you are still required to report the interest on your tax return. You can find the exact amount in your account statements.

Key Takeaways

  • Apple sends a 1099-INT form only if you earned $10 or more in interest during the tax year, mailed by January 31.
  • You can read your 1099-INT from the Apple Wallet app or request a replacement copy directly from Apple if the mailed copy is lost.
  • If you earned less than $10 in interest, no 1099-INT is issued, but you must still report the interest using your account statements.
  • The 1099-INT shows only interest income; Apple does not issue tax documents for account deposits, transfers, or balances.

Where to find your 1099-INT in the Apple Wallet app

The easiest way to get your 1099-INT is through the Apple Wallet app on your iPhone. Open Wallet, tap the Apple Card, then scroll to find the Savings account. Look for a section labeled "Tax Documents" or "Year-End Statements"—the exact label varies by iOS version.

Tap into that section and you will see the 1099-INT for the tax year you need. You can view it on screen, read it as a PDF, or email it to yourself. This method works as soon as the form is ready, which is typically before the January 31 mailing important date.

If you do not see a Tax Documents section in your app, update to the latest iOS version. Apple added this feature in iOS 17.2 and later versions. If you still cannot locate it after updating, the form may not be ready yet—check back a few days later.

Requesting a replacement 1099-INT from Apple

If you did not receive your 1099-INT in the mail or lost it, you can request a replacement directly from Apple. Contact Apple Support through the Wallet app by tapping your Apple Card, scrolling to the bottom, and selecting "Help." Choose the option for account or tax documents.

You can also call Apple Card support at the number on the back of your physical Apple Card. Have your account number and the tax year you need ready. Apple will either resend the form by mail or provide a digital copy when ready, depending on how you request it.

There is no fee for a replacement 1099-INT. Processing typically takes a few business days if mailed, or minutes if sent digitally through the app.

What to do if your 1099-INT shows the wrong information

If the interest amount on your 1099-INT does not match what you see in your account statements, contact Apple Support right away. Errors on tax documents must be corrected before you file your return. Provide Apple with screenshots of your statements showing the correct interest earned.

Apple will investigate and issue a corrected 1099-INT if an error is found. A corrected form is labeled as such and will have the correct interest amount. You will need to file an amended return if you already filed using the incorrect amount, but the corrected 1099-INT makes that process straightforward.

Keep records of all your account statements throughout the year. This makes it much easier to spot discrepancies and prove the correct amount to Apple if needed.

Understanding interest income reporting on your tax return

The interest you earn in your Apple Savings account is taxable income at the federal level and, in most states, at the state level as well. You report this on Schedule B (Interest and Ordinary Dividends) if you file Form 1040, or on the equivalent form for your state return.

The 1099-INT shows the amount in box 1 (Interest Income). Copy this number directly onto your return. If you earned interest from multiple accounts, you add all of them together on Schedule B. The IRS matches the 1099-INT Apple files with your return, so the amounts must match.

If you earned less than $10 and did not receive a 1099-INT, you still report the interest. Use your account statements to find the exact amount and enter it on Schedule B. The IRS does not require a 1099-INT to exist for you to report the income.

Keeping records of your Apple Savings statements

Beyond the 1099-INT, you should keep monthly or quarterly account statements for your records. These show deposits, withdrawals, interest deposits, and your running balance. You can read statements from the Wallet app the same way you access your 1099-INT—look for a Statements or Documents section.

Save these statements as PDFs or screenshots for at least three years. The IRS can audit returns going back that far, and having statements proves your account activity if questions arise. Statements also help you verify the 1099-INT is correct before you file.

If you cannot find a statement in the app, contact Apple Support. They can provide statements for any month or year you held the account, usually within a few business days.

Frequently Asked Questions

Do I need to report interest if I earned less than $10?

Yes. The $10 threshold only determines whether Apple sends a 1099-INT. You must report all interest income on your tax return, regardless of amount. Use your account statements to find the exact figure and enter it on Schedule B.

When should I expect my 1099-INT to arrive?

Apple mails 1099-INT forms by January 31 each year. You can usually read it from the Wallet app a few days earlier. If you have not received it by early February, check the app first, then contact Apple Support.

What if I closed my Apple Savings account before the end of the year?

You will still receive a 1099-INT for the interest earned while the account was open, as long as it totaled $10 or more. The form covers January 1 through December 31, regardless of when you closed the account.

Can I get a 1099-INT for a previous year?

Yes. Contact Apple Support and request the 1099-INT for the specific year you need. They can provide copies of prior-year forms. Keep in mind the IRS typically allows you to file amended returns for the past three years.

Does Apple report my account balance to the IRS?

No. Apple only reports interest income on the 1099-INT. Your account balance, deposits, and transfers are not reported to the IRS on any tax form. Only the interest you earned is taxable and reported.