Here’s a breakdown of how reporting will work if you have multiple Capital One Bank accounts:

  • If you had a Capital One, N.A. and a Capital One 360 account in 2017, the interest amount will be combined between your accounts. Example: You earned $6 in interest in your Capital One 360 accounts and $5 at Capital One, N.A. Even though you didn’t earn $10 with Capital One 360, you’ll receive a 1099-INT from Capital One 360 showing the $6 earned and one from Capital One, N.A. showing the $5 because the combined total from both accounts exceeds the $10 threshold.
  • If you had a Capital One account and a Capital One 360 account, the miscellaneous income will also be combined between your accounts. Example: You earned $500 at Capital One 360 and $100 in your Capital One, N.A. account. Even though you didn’t earn $600 with Capital One 360, you’ll receive a 1099-MISC from Capital One 360 showing the $500 earned and one from Capital One, N.A. showing the $100 earned since the combined total exceeds the $600 threshold.

Here’s Capital One’s official tax reporting info:

  • Capital One’s Federal Tax Identification Number (TIN) is 72-0210640 (Capital One, N.A.)
  • The Payer name is Capital One National Association