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Do I need to report my saving and checking account interest ($7) if I didn't receive a 1099-INT?
I found this information from the IRS (https://www.irs.gov/instructions/i1099int/ar02.html#d0e223). According to the Box1 section for interest income, it seems like if my bank account interests is less than $10, then I don't need to report it on my 2015 tax return (form 1040). Please correct me if my understanding is incorrect.
In addition, since I did not get a 1099-INT, what should I put for these boxes?
Federal Income Tax Withheld
‎June 5, 2019
10:32 PM