02-26-2009, 08:37 AM
actually, you should be paying taxes on all interest made in any account.
I pay taxes on my savings account, Rent interest, etc...
However, I never really claimed interest before (it was usually < $100/yr) and it was never a problem in the past.
I pay taxes on my savings account, Rent interest, etc...
However, I never really claimed interest before (it was usually < $100/yr) and it was never a problem in the past.
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