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Get your taxes done using TurboTax
@Dmitry1 wrote:Disagree about the interests. TurboTax imported interests of $0.03 for me, though the reporting threshold is $10. Are they supposed to be removed manually in this case?
It's off-topic, but I think $10 is their threshold, not ours as taxpayers. A financial institution may opt not to give you a 1099-INT if the interest is less than $10, but we still need to report interest in our 1040 even if it's less than $10.
‎February 22, 2024
10:36 AM