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Why doesn't checking account have 199?
there is 199 in the checking account, but 199 is sent to you by mail. The reason why I think there is no 199 in the checking account is that it has not been delivered yet, so don't worry, it will be available later.

expansion:

199 is a form used by any individual or organization to report your income to the IRS(Internal Revenue Service). Any 199 form corresponds to the SSN of the individual who received this income. The bank or other institutions or individuals that give you the 199 form will send the 199 form directly to the IRS, and also need to send you a copy. So, the IRS computer system has all the information of 199 forms you received.

With the development of computer system, all these information are now automatically checked by IRS computer system, and any undeclared 199 will greatly increase your probability of being audit by IRS.

there are many kinds of 199 tables, such as 199-a (acquisition or abandonment of secured property) and 199-b (procedures from broker and barter exchange transactions). 199-C(Cancellation of Debt), 199-div (divisions and distributions), 199-g (certain government payments), 199-h (health coverage tax credit (HCTC) advance payments), and so on.

Although there are so many kinds of 199 forms, most of them are received by people with complicated property and income composition. There are only a few 199 forms related to most people here:

199-INT(Interest Income, more than $1 will be received)

199-k (merchant card and third party network payments, the transaction amount is $2, and at least 2 pens will be received)

199-misc (miscellaneous income).