Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Returning Member
posted Nov 10, 2024 11:06:58 AM

Hi, For years I’ve gotten interest from my savings account under $10 per year. Do I need to go back 10 or more years and amend all my returns for this? Thanks!

This seems like overkill but I want to do the right thing.

0 1 15885
1 Replies
Level 15
Nov 10, 2024 11:13:22 AM

No, amending for the last ten year is not necessary with interest under $10 per year.

You should report the interest you receive going forward on your current and future tax returns.