Solved: Is there a minimum threshold to report interest/gains or are we required to report them even if they are small?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

Is there a minimum threshold to report interest/gains or are we required to report them even if they are small?

 
1 Best answer

Accepted Solutions
Highlighted
Level 15

Is there a minimum threshold to report interest/gains or are we required to report them even if they are small?

all income, interest, dividends, other etc etc. must be reported, no matter how tiny the amount.

$0.49 cents or less can be rounded to zero and omitted.

View solution in original post

1 Reply
Highlighted
Level 15

Is there a minimum threshold to report interest/gains or are we required to report them even if they are small?

all income, interest, dividends, other etc etc. must be reported, no matter how tiny the amount.

$0.49 cents or less can be rounded to zero and omitted.

View solution in original post

v
Privacy Settings