Re: 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!

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.

On my 2023 Federal tax return I entered $16,000 for Investment Advisor Fees, they were not carried to California tax return

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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!

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!

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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!

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