if standard deductio is higher than itemized, is it required to file 1099 Int for Interest income earned on checking/Savings account?If it's required to be filed then, is there a limit upto which you do not have to file. You're a little confused. YOU don't file a 1099-INT, the bank does. The bank sends you a copy. You include that income on your tax return. You are required to report ALL income, whether reported to you on a 1099 or W-2 or other form or not. Reporting income is entirely independent from determining deductions. If the standard deduction is more than your itemized deductions you can take the standard deduction (there are certain exceptions -- see the instructions). Ira
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