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bjudiann70-
New Member

I earned under $10 on my savings do I need to claim?

 
2 Replies
DawnC
Expert Alumni

I earned under $10 on my savings do I need to claim?

Yes, all income must be reported if you are filing a tax return.   Even if you only got $1, report it.   You do not need a tax form to enter the income.   Just report it like you received a Form 1099-INT.   All you need is the name of the financial institution or bank and the amount.   

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SweetieJean
Level 15

I earned under $10 on my savings do I need to claim?

Yes. Anything over 50 cents must be claimed.

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