https://ttlc.intuit.com/community/taxes/discussion/less-than-10-interest/01/2566604#M952054 <P>I have been told that if you earn less than $10 on a banking account you do not need to claim it on your taxes. But, I got a 1099 for $7.23. Can I just ignore the 1099 or do I have to include it?</P> Mon, 09 Mar 2026 08:32:14 GMT MGKru 2026-03-09T08:32:14Z https://ttlc.intuit.com/community/taxes/discussion/less-than-10-interest/01/2566604#M952054 <P>I have been told that if you earn less than $10 on a banking account you do not need to claim it on your taxes. But, I got a 1099 for $7.23. Can I just ignore the 1099 or do I have to include it?</P> Mon, 09 Mar 2026 08:32:14 GMT https://ttlc.intuit.com/community/taxes/discussion/less-than-10-interest/01/2566604#M952054 MGKru 2026-03-09T08:32:14Z https://ttlc.intuit.com/community/taxes/discussion/re-less-than-10-interest/01/2566645#M952055 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">Although payers don't have to provide a 1099-INT for amounts under $10,&nbsp;<STRONG>you are still required to report any interest earned and credited to your account during the year</STRONG>.</SPAN></SPAN></P> Wed, 09 Mar 2022 23:23:01 GMT https://ttlc.intuit.com/community/taxes/discussion/re-less-than-10-interest/01/2566645#M952055 MayaD 2022-03-09T23:23:01Z