topic If your interest on your checking account for the entire year is less than $1 do you need to report it on your tax return? in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/if-your-interest-on-your-checking-account-for-the-entire-year-is-less-than-1-do-you-need-to-report/01/281872#M119565 Mon, 03 Jun 2019 17:23:26 GMT drancken 2019-06-03T17:23:26Z If your interest on your checking account for the entire year is less than $1 do you need to report it on your tax return? https://ttlc.intuit.com/community/taxes/discussion/if-your-interest-on-your-checking-account-for-the-entire-year-is-less-than-1-do-you-need-to-report/01/281872#M119565 Mon, 03 Jun 2019 17:23:26 GMT https://ttlc.intuit.com/community/taxes/discussion/if-your-interest-on-your-checking-account-for-the-entire-year-is-less-than-1-do-you-need-to-report/01/281872#M119565 drancken 2019-06-03T17:23:26Z If it's more than 49 cents, you're supposed to report it.... https://ttlc.intuit.com/community/taxes/discussion/if-it-s-more-than-49-cents-you-re-supposed-to-report-it/01/281885#M119573 <P>If it's more than 49 cents, you're supposed to report it. Will it make a difference on your taxes? Probably not.</P><P>49 cents' worth of interest,&nbsp;or less, gets rounded down to $0, so no need to report that.</P> Mon, 03 Jun 2019 17:23:27 GMT https://ttlc.intuit.com/community/taxes/discussion/if-it-s-more-than-49-cents-you-re-supposed-to-report-it/01/281885#M119573 JuttaS 2019-06-03T17:23:27Z