If I did not get a 1099-Int, do I have to report the interest income? Is there a minimum $ amount where it needs to be reported?

posted

Didn't get the answer you wanted? Would you like to view more questions that might be relevant?

1 Best answer

Accepted Solutions

If I did not get a 1099-Int, do I have to report the interest income? Is there a minimum $ amount where it needs to be reported?

Any amount more than 49 cents is reportable and taxable. Report your interest as if you got a 1099-INT. all you need to enter is the payer's name and put the interest in Box 1.

View solution in original post

1 Reply

If I did not get a 1099-Int, do I have to report the interest income? Is there a minimum $ amount where it needs to be reported?

Any amount more than 49 cents is reportable and taxable. Report your interest as if you got a 1099-INT. all you need to enter is the payer's name and put the interest in Box 1.