A distribution type that ensures that each individual in a joint account pays the appropriate tax on interest accrued on funds saved in a joint account owned by two people since the interest accrued on an income is accounted to only one of the party. It can be made if the other owner is not a spouse; one of the joint account owners files a 1099-NIT form with the IRS (it reports the other person's share of the interest accrued) together with form 1096. This enables the person who has filed to pay tax only on their share of the interest.