topic If I have a Personal Savings account with American Express and have earned some interest through that, should I have to include those details while filing tax? in Investors & landlords https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-have-a-personal-savings-account-with-american-express-and-have-earned-some-interest-through/01/202546#M7836 Sat, 01 Jun 2019 17:46:30 GMT shrumsowen11 2019-06-01T17:46:30Z If I have a Personal Savings account with American Express and have earned some interest through that, should I have to include those details while filing tax? https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-have-a-personal-savings-account-with-american-express-and-have-earned-some-interest-through/01/202546#M7836 Sat, 01 Jun 2019 17:46:30 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-have-a-personal-savings-account-with-american-express-and-have-earned-some-interest-through/01/202546#M7836 shrumsowen11 2019-06-01T17:46:30Z If they sent you a 1099-INT, then do include it.  If the... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-they-sent-you-a-1099-int-then-do-include-it-if-the/01/202552#M7837 If they sent you a 1099-INT, then do include it.  If the interest is under $10 (?), then they do not have to send you the form.  So, the next question is whether the IRS will come after you if you don't include the interest. Sat, 01 Jun 2019 17:46:31 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-they-sent-you-a-1099-int-then-do-include-it-if-the/01/202552#M7837 ttax2 2019-06-01T17:46:31Z If I did not include this form, unknowingly, will IRS com... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-did-not-include-this-form-unknowingly-will-irs-com/01/202561#M7838 If I did not include this form, unknowingly, will IRS come to arrest me? Sat, 01 Jun 2019 17:46:32 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/if-i-did-not-include-this-form-unknowingly-will-irs-com/01/202561#M7838 shrumsowen11 2019-06-01T17:46:32Z No.  They will probably send you a form letter explaining... https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-they-will-probably-send-you-a-form-letter-explaining/01/202575#M7840 No.  They will probably send you a form letter explaining what they found to be missing, plus an amount to play (plus interest and penalties for late filing).  Sent the money and they will be 'happy'. Sat, 01 Jun 2019 17:46:34 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/no-they-will-probably-send-you-a-form-letter-explaining/01/202575#M7840 ttax2 2019-06-01T17:46:34Z