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judjoshj
New Member

Do I need to report 43 cents in interest?

I made 43 cents in interest on my checking account.  Can I round that down to zero, or must I report it?
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2 Replies
KrisD15
Expert Alumni

Do I need to report 43 cents in interest?

No,

numbers are rounded up or down on a tax return and .43 would be rounded down to zero.

Do not enter it.

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ee-ea
Level 15

Do I need to report 43 cents in interest?

 Can I round that down to zero? Yes, no report.

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