Well, one way to answer the minimum is, one has to report every 0.49 dollars of income, even if the bank who paid did not report it to IRS. Agree, most countri

Well, one way to answer the minimum is, one has to report every 0.49 dollars of income, even if the bank who paid did not report it to IRS. Agree, most countries (including India) simply opens their portals, you sign in, check all numbers, report anything missing like income or deduction, and press the final Enter.