PDA

View Full Version : Bank Interest Taxable Income


Anubrata1
Mar 29, 2012, 01:09 PM
I am an International Student. Last year I received interest from the Bank on my savings account. But the amount is less than 10$. Do I have to show it as an income for filing taxes this year / file 1099 INT along with other tax forms. I have not received any 1099 form from my bank.

RickJ
Apr 4, 2012, 08:16 AM
Be safe and show it. The bank may not be required to give a 1099 for an amount under $10