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Why did I get a 1099INT for <$10 of interest?
I recently got a 1099 INT from my bank, for a checking account that earned a grand total of $0.17 of interest. I have never received a 1099INT for this account before, earning roughly the same amount. Why would they have bothered sending this, since I wouldn't owe any tax on $0.17 of income anyway?
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‎January 12, 2022
11:57 AM