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    Piggley Winks's Avatar
    Piggley Winks Posts: 40, Reputation: 1
    Junior Member
    		  
    #1

    Feb 8, 2011, 11:08 AM
    Need to file tax for bank account interest under $10?
    I have a saving account with interest of under $10 in 2010. Do I need to include the interest I made with the bank account when I file tax for 2010? I know that it is not required for 2009 but I just want to make sure.

    Looking forward to hearing from you. Thank you very much.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 25, 2011, 04:09 PM
    Negative. Interest under $10 falls into the de minimus category and the IRS does NOT care if you report it.
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