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June 14, 2020
Question

I earned $1.77 interest on an account does that count as income. I didn’t even get a 1099 for it?

  • June 14, 2020
  • 2 replies
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2 replies

Employee
June 14, 2020

All income should be reported. 

Employee
June 14, 2020

The payer is not required to issue a 1099-INT for amounts under $10.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.