Limit on interest income

[LDriggers]

I have a small trust account to take care of my pets. Do I have to report the interest income on this bank account if it is very low? Do banks report low dollar interest income?

[Donna F 77]

The trust would only need to report the interest on a tax return if it has over $600 of income from all sources.

https://www.wealthspire.com/blog/how-are-trusts-taxed/

[Mike9241]

who's the owner of the trust a/c and does it have your SSN or its own EIN? ar return may be required.