Original Issue Discount
Per the IRS, file Form 1099-OID:
- If the original issue discount (OID) includible in gross income is at least $10.
- For any person for whom you withheld and for whom you paid any foreign tax on OID.
- From whom you withheld (and did not refund) any federal income tax under the backup withholding rules ev,en if the amount of the OID is less than $10.