Tax Question

[PICK3]

How much $$$ or dividends can you make on traditional savings accounts without declaring them?

 

[digimon7068]

How much $$$ or dividends can you make on traditional savings accounts without declaring them?

if it's less than $10 most banks won't give you a 1099. . .if it's $1 or more, you gotta put it on your return (assuming that you're required to file one) regardless of whether you get a 1099 or not. . .

 

[chris302001]

1$ bob!

 

[digimon7068]

1$ bob!

in b/f you dr. smarty-pants

 

[chris302001]

in b/f you dr. smarty-pants

fuck!

 

[PICK3]

if it's less than $10 most banks won't give you a 1099. . .if it's $1 or more, you gotta put it on your return (assuming that you're required to file one) regardless of whether you get a 1099 or not. . .

Thanks, I hate to end up going to prison for tax invasion and end up getting butt fucked.

I'm too pretty for that ... just sayin'

 

[chewyxrage]

if it's less than $10 most banks won't give you a 1099. . .if it's $1 or more, you gotta put it on your return (assuming that you're required to file one) regardless of whether you get a 1099 or not. . .

They won't do shit if you made like $25 from a savings account in interest and don't declare it........right?

 

[chris302001]

They won't do shit if you made like $25 from a savings account in interest and don't declare it........right?

oh, Barry's gonna bend your ass over!

 

[PICK3]

oh, Barry's gonna bend your ass over!

stimulus package

 

[chewyxrage]

IRS is to busy going after the swiss bank accounts to worry about lil ole me