Bank interest
Posted date : Jul 21, 2022.
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Hi, I received a statement of interest income from my TD Bank in the U.S. − interest earned is .44 cents. Would I have to file income tax in the U.S? If no filing is required, as of what amount earned would I have to file?
Ed.: No tax is payable on your interest from this bank and, anyway, you are way below the threshold for filing and paying U.S. tax, which is about $750.