Do i need to claim my bank interest

is bank account interest taxable

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Do i need to claim my bank interest

If 50cents or greater yes. (even if they didn't send you a 1099-INT form because it was under $10)

Enter as box 1 $$ on a 1099-INT form.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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