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Archive for March, 2011

Do I Have To Pay Taxes on Interest from CDs, Savings, Checking Accounts?

This item was filled under [ Personal Finance, Saving, Taxes ]

One common question regarding deposit accounts and interest rates is whether or not you have to pay taxes on interest from CDs, savings, and checking accounts. The short answer is yes. If you earn interest on a deposit account, you normally have to pay taxes. However, it helps to know a little more about the [...]

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