topic What is mim amount of inst income from bank I have to show in Get your taxes done using TurboTax https://ttlc.intuit.com/community/taxes/discussion/what-is-mim-amount-of-inst-income-from-bank-i-have-to-show/01/700715#M282113 Thu, 06 Jun 2019 13:18:45 GMT hwa19471933 2019-06-06T13:18:45Z What is mim amount of inst income from bank I have to show https://ttlc.intuit.com/community/taxes/discussion/what-is-mim-amount-of-inst-income-from-bank-i-have-to-show/01/700715#M282113 Thu, 06 Jun 2019 13:18:45 GMT https://ttlc.intuit.com/community/taxes/discussion/what-is-mim-amount-of-inst-income-from-bank-i-have-to-show/01/700715#M282113 hwa19471933 2019-06-06T13:18:45Z Any amount of income that is more than 49 cents must be r... https://ttlc.intuit.com/community/taxes/discussion/any-amount-of-income-that-is-more-than-49-cents-must-be-r/01/700720#M282114 Any amount of income that is more than 49 cents must be reported, whether you get a 1099 form for it or not. If you have bank interest less than $10, the bank is not required to send you a 1099-INT, but you are required to report the income. Report it as if the bank sent you a 1099-INT. Just enter the bank name as the payer and put the interest in Box 1. That is all you have to do. Thu, 06 Jun 2019 13:18:46 GMT https://ttlc.intuit.com/community/taxes/discussion/any-amount-of-income-that-is-more-than-49-cents-must-be-r/01/700720#M282114 jerry2000 2019-06-06T13:18:46Z