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Reporting interest income
If you have interest income, you have to upgrade Turbo Tax. My interest income in 2021 was $4.52. If I choose not to upgrade, what will happen by not reporting $4.52 in interest income? Will I be taxed on that later with penalties? Or is there any consideration for such a low amount of interest income?
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‎October 16, 2022
4:04 PM