topic The interest on my savings was less than $5.00 for 2015, 2016 and 2017. I didn't report it in 2015 and 2016. Do I have to amend my 2015 and 2016 tax return? in After you file

The interest on my savings was less than $5.00 for 2015, 2016 and 2017. I didn't report it in 2015 and 2016. Do I have to amend my 2015 and 2016 tax return?

Fiji1954 — Thu, 06 Jun 2019 15:18:22 GMT

Yes you should prepare an amendment for your 2015 and 201...

Marketstar — Thu, 06 Jun 2019 15:18:24 GMT

Yes you should prepare an amendment for your 2015 and 2016 returns as the IRS expects taxpayers to report all income-unless your interest was below $.50.

However, when you amend, if the result does not make a difference, you can disregard it.

If the result does change, print and mail the amendment (it cannot be e-filed) and allow about 16 weeks for processing.

See How Do I Amend a Return Already Filed?

Do claim your interest income for 2017 if it is over $.50.

Thanks for choosing TurboTax!

Marketstar — Thu, 06 Jun 2019 15:18:25 GMT

Thanks for choosing TurboTax!