What is a Certificate of Deposit (CD) and How Do They Work?
Ublocal
NOVEMBER 21, 2022
Are CD earnings taxed? The interest that you earn on CDs is considered income, so you will be required to include it when you file for taxes. Your bank will typically send you a 1099-INT statement, or a statement of earned interest, which you can use when you file for your taxes. Predictability. Still have questions?
Let's personalize your content