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.
0115885
1 Replies
DoninGA
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.