turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

bvankepp
New Member

Closed a savings account in the middle of last year, then opened a new one

Used 2/3 of that money to buy a house. I dont have any forms from either bank that i know of. I reported interest on the account last year but it was less than a couple hundred dollars. Do i need to report anything on this years tax return? And if so, what/how?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
RichardG
New Member

Closed a savings account in the middle of last year, then opened a new one

Yes you need to report the interest earned on the savings account.  Since you closed the account and moved, it's possible the bank sent your Form 1099-INT to your old address.  I suggest contacting your bank.

View solution in original post

1 Reply
RichardG
New Member

Closed a savings account in the middle of last year, then opened a new one

Yes you need to report the interest earned on the savings account.  Since you closed the account and moved, it's possible the bank sent your Form 1099-INT to your old address.  I suggest contacting your bank.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question