If you're the recipient, you would expect to receive this form from the financial institution. *The financial institution* should enter the appropriate information about the recipient, based upon their files and records.
Most individuals shouldn't have to fill out a Form 1099, unless you hired someone and have to complete a Form 1099-NEC (non employee compensation form). But for most people, you should expect to receive a Form 1099 from the sources of each type of income by January 31 of the following year. For example, if you earned interest on a CD that you owned at a bank, you'd receive a Form 1099-INT. If you pulled out money from a College 529 plan or Coverdell ESA, you'd receive a Form 1099-Q, etc. Here are articles and videos about some of the more common 1099 forms that you can expect to see. I'm also writing my article on Form 1099-NEC today, so you should see the article and video up this afternoon. IRS Form 1099-R, Distributions from Pensions, Retirement Plans, etc Article: www.teachmepersonalfinance.com/irs-form-1099-r-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-xyIt6e33sso.html IRS Form 1099-DIV, Dividends and Distributions Article: www.teachmepersonalfinance.com/irs-form-1099-div-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-erjDQs338DA.html IRS Form 1099-INT, Interest Income Article: www.teachmepersonalfinance.com/irs-form-1099-int-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-WBnysIIwrl0.html IRS Form 1099-Q, Payments from a Qualified Education Program Article: www.teachmepersonalfinance.com/irs-form-1099-q-instructions/ Video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-wW5_IloVi6s.html
No. 1099 forms (of any sort) are simply informational returns that are reported to an income recipient (in this case, original issue discount interest) and to the IRS. Generally, this information should be reported on your tax return but is probably not very useful for non-tax purposes.
The CUSIP number should be associated with your fixed income instrument. You might have to check with the financial institution to find the CUSIP for a specific bond or CD.