Do I need to report my interest earned from bank accounts? I earned less than $10 in interests from BoA and Chase in 2016. I didn't receive any 1099 from the banks.
If I do need to report the interests earned, where in the 1040 should I put the amount?
011280
1 Replies
Kat
Level 15
Jun 6, 2019 2:54:00 AM
Yes, all income is reportable. Please see the instructions below for entering your interest income.