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New Member
posted Feb 19, 2024 1:58:14 PM

The only income I had last year was interest income, but it was barely $700, do I still need to report it?

I was told by one of the turbo tax experts that I didn't have to do my taxes because of not having income but I did receive almost $700 of interest income. Do I still need to do my taxes for only that type of income and amount?  

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2 Replies
Level 15
Feb 19, 2024 2:06:05 PM

You don’t have to file if that’s your only income. 

New Member
Feb 21, 2024 9:58:30 AM

Thank you for your time. I imagined I didn’t had to file but just wanted to be sure. Have a great day!