January 2025 mailing of forms 1099-G and 1099-INT Public Service Bulletin

January 9, 2025

Purpose of bulletin

To announce the 2025 mailing of forms 1099-G and 1099-INT.

Background

Federal law requires the Franchise Tax Board (FTB) to mail taxpayers who itemized and received a refund of $10 or more, or who received an interest payment of $600 or more, to receive one or more of the following:

Form 1099-G, report of state income tax refund

Form 1099-Gs will specify from which tax year the refund originated.

Form 1099-INT, statement of interest income

FTB issues Form 1099-INTs for all interest paid during the 2024 calendar year, regardless of tax year.

Additional information

Overpayment or interest income reported on Form 1099-G or Form 1099-INT are considered refunded in the following situations:

• If paid directly to the taxpayer or directly deposited into a financial institution.
• When used as an offset for other liabilities, such as taxes, penalties, or interest.
• When credited as an estimated tax payment.
• If intercepted (offset) by a state, city, or county agency, or by the Internal Revenue Service (IRS).
• If elected to be used as a use tax payment by taxpayer.
• When paid to voluntary contributions as designated by taxpayer.