https://ttlc.intuit.com/community/tax-law-changes/discussion/re-2-interest/01/2775756#M1048 <P>That's a great question. For intrest the IRS looks for $10. or more to be reported as that may cause a change in the amount of tax you may owe. The 1099-INT reports this information to the IRS. For $2. it would not change the tax calculated on your return, so no amendment would be necessary.</P> Wed, 28 Sep 2022 16:38:36 GMT BrenEA 2022-09-28T16:38:36Z https://ttlc.intuit.com/community/tax-law-changes/discussion/2-interest/01/2775685#M1047 <P>Is an amended tax return necessary if savings interest was $2?&nbsp;</P> Tue, 10 Mar 2026 06:01:27 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/2-interest/01/2775685#M1047 sunshinyday 2026-03-10T06:01:27Z https://ttlc.intuit.com/community/tax-law-changes/discussion/re-2-interest/01/2775756#M1048 <P>That's a great question. For intrest the IRS looks for $10. or more to be reported as that may cause a change in the amount of tax you may owe. The 1099-INT reports this information to the IRS. For $2. it would not change the tax calculated on your return, so no amendment would be necessary.</P> Wed, 28 Sep 2022 16:38:36 GMT https://ttlc.intuit.com/community/tax-law-changes/discussion/re-2-interest/01/2775756#M1048 BrenEA 2022-09-28T16:38:36Z