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mercurianacinony

Level 1

Question

Savings interest

2 replies
52 views

I had 11.03 of saving's interest earned and im on a ~$43k yearly gross income. I did my return for this year and it didnt seem like I had to pay anything at the end of doing my online tax return. Was that a mistake or because the amount was so low I didnt have to pay anything back?

Alumni - Intuit

We're unable to view your tax return in this forum, so we can't determine what your taxable income is and if you should get a refund or owe.

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Level 15

when your taxable income is below $100,000 the tax tables are used. They are in $25 increments so the extra $11 might not have moved you to the next higher increment.

Mike9241