I did receive a small amount of interest for my checking/savings accounts (less than $25), but didn't get a 1099-INT from my bank. Do I need to enter this on my taxes?

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Yes, you do. If you're like me, the interest received is so negligible it makes no difference in my tax liability. But the penalty if I get audited for not reporting the income, is not negligible. So report it. 🙂

My bank account was hacked and I had to open a new account. Now I have two 0199-INT amounts to report how do I do that?

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I did receive a small amount of interest for my checking/savings accounts (less than $25), but didn't get a 1099-INT from my bank. Do I need to enter this on my taxes?

I did receive a small amount of interest for my checking/savings accounts (less than $25), but didn't get a 1099-INT from my bank. Do I need to enter this on my taxes?

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I did receive a small amount of interest for my checking/savings accounts (less than $25), but didn't get a 1099-INT from my bank. Do I need to enter this on my taxes?

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I did receive a small amount of interest for my checking/savings accounts (less than $25), but didn't get a 1099-INT from my bank. Do I need to enter this on my taxes?

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