Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
mikey1955
New Member

What is minimum amount I have to report on a 1099-int

I received $2.38 on savings acct.
1 Reply
VolvoGirl
Level 15

What is minimum amount I have to report on a 1099-int

Yes I would report it.  You must report all your income no matter how small.  Even $1 of bank interest.  Actually 50 cents rounds up to $1.  I'm entering mine.  Enter it as a 1099Int and put the amount in box 1.

Dynamic AdsDynamic Ads
Privacy Settings
v