No, the IRS has a rule about the accuracy of tax returns.
You must make every effort to include all income in your tax return.
- However, your tax return must be "substantially correct".
- The IRS defines this as: "For individuals, a substantial understatement of tax applies if you understate your tax liability by 10% of the tax required to be shown on your tax return or $5,000, whichever is greater."
So, your $3 will not raise an eyebrow.
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