During 2024 i have received interest income in a Foriegn Bank Account. For 2023tax filing, I had reported this under 1099-INT by entering manual and all went wel..
In 2024TT, i notice that under Wage/Incomes --> Interests & Dividends there is an option called Foriegn Accounts. When i select this option, and go through all questions, which mostly center around FATCA etc., it ultimately tells me that "I do not need to report any asset". My interest income is $100 and during 2024, my foriegn bank account remained well below $10000 all the time.
Do i need to report foriegn interest?
