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@jnicholls210 wrote:
......I'm wondering if there is a minimum amount of interest needed to produce a 1099 INT
Generally, it is $10 or more.
See https://www.irs.gov/instructions/i1099int#idm140190795224752
But anything over 50 cents must be reported on your tax return, even if you did not get a 1099-INT.
@SweetieJean wrote:
But anything over 50 cents must be reported on your tax return, even if you did not get a 1099-INT.
That is true. Further, and technically, anything over 49 cents must be reported since 50 cents rounds up.
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