Capital, FDIC, New Hampshire and Taxes - Community Banking Brief

Unraveling the Mysteries of Complex Investment Terms – A Guide for Real People

Ublocal

OCTOBER 2, 2023

Capital Gain Capital gain is the profit you make when you sell an investment for more than you paid for it. If you buy a bike for $100 and sell it for $150, your capital gain is $50. It’s like a grand opening sale for a new store. It lets you keep all the tax benefits without having to start over.

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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?

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Community Banking Brief

Unraveling the Mysteries of Complex Investment Terms – A Guide for Real People

What is a Certificate of Deposit (CD) and How Do They Work?

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