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New Member
posted Jun 3, 2019 4:47:54 PM

What is the minimum amount to declare/report for interest income? I have a couple that are less than $1.00. Thanks! Rick

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1 Best answer
Expert Alumni
Jun 3, 2019 4:47:56 PM

There is no minimum amount. You should report all the interest income you receive, even if the amount you receive from a payer is less than $1.00.  

1 Replies
Expert Alumni
Jun 3, 2019 4:47:56 PM

There is no minimum amount. You should report all the interest income you receive, even if the amount you receive from a payer is less than $1.00.