Yes, you have to report the $20 of interest you received from your bank. And yes, you can still use TurboTax Free Addition, if you otherwise qualify to use it.
TurboTax Free will handle the following situations (assuming no added tax complexity):
- W-2 income
- Limited interest and dividend income reported on a 1099-INT or 1099-DIV
- IRS standard deduction
- Earned Income Tax Credit (EIC)
- Child tax credits
- Student loan interest deduction
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
