Savings interest

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?

1966

Expert Alumni

Apr 13, 2024 5:40:24 PM

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.

Level 15

Apr 13, 2024 5:45:54 PM

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.

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Savings interest