My bank does not issue 1099-INT for amounts less than $10. The program will not let me enter $5 (actual amount), $10 or zero. Told to review. How do I handle?

khawk858 · ‎June 13, 2020

bluedeb · ‎June 13, 2020

You do not need to claim interest that is less than $10. YOU DO NOT REPORT INTEREST earned under $10 period, because the banks do not report it.

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My bank does not issue 1099-INT for amounts less than $10. The program will not let me enter $5 (actual amount), $10 or zero. Told to review. How do I handle?

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