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

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.

Do you have an Intuit account?