Skip to main content
Level 2
Mar 10, 2022 1:28 PM UTC
Question

Interest less than $1

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

    2 replies

    AmyC
    Alumni - Intuit
    Mar 10, 2022 8:04 PM UTC

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

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    OzkozkAuthor
    Level 2
    Mar 10, 2022 10:13 PM UTC

    Thanks a lot!