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Budget & Savings

Taxes on certificates of deposit?

Hello Folks,   I am a retired 70-year-old and have no employment income. I'm thinking if opening a 6-month certificate of deposit at a rate of 3.5% My bank doesn't think I will owe any taxes on these earnings, but I have my doubts. Can someone please...
e813982m 01-17-2023 12:45 PM
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Budget & Savings

Taxes on certificates of deposit?

Hello Folks,   I am a retired 70-year-old and have no employment income. I'm thinking if opening a 6-month certificate of deposit at a rate of 3.5% My bank doesn't think I will owe any taxes on these earnings, but I have my doubts. Can someone please...
e813982m 01-17-2023 12:45 PM
1
Reply
0
Kudos
1411
Views

Budget & Savings

Taxes on certificates of deposit?

Hello Folks,   I am a retired 70-year-old and have no employment income. I'm thinking if opening a 6-month certificate of deposit at a rate of 3.5% My bank doesn't think I will owe any taxes on these earnings, but I have my doubts. Can someone please...
e813982m 01-17-2023 12:45 PM
1
Reply
0
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1411
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Date Registered ‎04-27-2017 11:59 PM
Last Visited ‎03-16-2025 04:36 PM
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