Do you have to report savings acounts wheer you made less then $50

[J_u_n_i_o_r_3]

Do you have to report savings acounts wheer you made less then $50

[pitz]

YES!

*All* worldwide income must be reported fully and truthfully on a Canadian tax return, irregardless of source, whether or not you received a receipt, or were paid cash, cheque or benefits in lieu.

[Thalo]

Honestly, you'll probably get away with it if you don't declare $3.50 interest on your small, seldom-used savings account, but if you do declare it then you'll probably look extra honest in the eyes of the CRA and you might get away with other things.