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Daily Archives: February 4, 2021

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Interest income from your investments is taxable – here’s how to calculate what you owe and ways to lower it

InfoBy adminFebruary 4, 2021

Most interest earnings made by your financial investments and cost savings counts as gross income. It'' s taxed at the exact same rate as your routine earnings. vitapix/Getty Images .Many interest earnings made by financial investments is taxable on both the federal and state levels.You pay taxes on interest earnings at your regular earnings tax…

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