turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Bank Account Interest

I have  bank account interest  to declare from 2018 to 2021 - didnt realise it was accumulating.   It would have made no difference to the tax returns for the respective years - interest is approximately @$200 a year but I had little income and no tax was due or would have been due had I declared the interest.  Could I just add the total interest I missed to this years return?  

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
MinhT1
Employee Tax Expert

Bank Account Interest

No.

 

To report the interest you received from 2018 to 2021, you would have to amend your tax returns for those years.

 

However, if you are sure that by adding the interest, you would have no taxable income then you do not have to amend these returns.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Bank Account Interest

@MinhT1 Yes I am completely sure - my income was thousands below the standard deduction.  thank you 

 

 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question