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Level 2
March 10, 2022
Question

Interest less than $1

  • March 10, 2022
  • 1 reply
  • 0 views

Do we need to report interest payment of less than $1 in a year as a resident alien for tax purposes?

    1 reply

    AmyC
    Level 15
    March 10, 2022

    No, only interest of $10 or more is required to be reported.

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    OzkozkAuthor
    Level 2
    March 10, 2022

    Thanks a lot!