Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   Taxable interest (https://www.askmehelpdesk.com/showthread.php?t=644667)

  • Mar 19, 2012, 04:52 PM
    sonlalwani
    Taxable interest
    Does one has to count < 10 $ ( on 1040 ) interest earned from bank account for which 1099int is not issued

    Is there any diffference about foreign accounts interest do one has to count on 1040 ( schedule B ) even if less then 10$
  • Mar 20, 2012, 01:40 PM
    AtlantaTaxExpert
    If the interest earned in LESS than $10, you do NOT have to claim it on your tax return.

  • All times are GMT -7. The time now is 03:48 PM.