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!
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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.
posted
4 weeks ago
last updated
November 10, 202411:06 AM
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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!
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.
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