Does the APY earned on Acorns Checking or Emergency Fund affect my taxes?

Any interest you accrued within your Acorns Checking or Emergency Fund accounts is taxable. To assist you in fulfilling your tax obligations, we'll provide you with a 1099-INT form if your interest earnings surpass the $10 threshold. This form will be essential for your tax filing requirements.

For more information on taxes, please visit our FAQs.

To learn more about APY, check out Learn in your Acorns app by tapping the links below. 
Understanding APY
What happens when interest rates go up or down?

Also check out this YouTube short for more info.