Who knows alot about 1099 Interest Income Tax
 

i have this one bank where i gained 45$ in interest... is it even worth claiming...


on the other hand i have another that has gained quite abit.. would i do this seperately?

From the IRS website

You should receive a Form 1099-INT (PDF), Interest Income; Form 1099-OID (PDF), Original Issue Discount; or a similar statement from each payer of interest of $10 or more, showing the taxable interest you must report. This information is often included on your year?end account statement. Even if you do not receive a statement, you are still responsible for reporting all taxable interest income.

An accountant.

What he said. And yes you should claim it....