CD has interests, you'll need to report it next year

来源: 2007-04-03 09:41:54 [旧帖] [给我悄悄话] 本文已被阅读:

If you open the CD account this year, you need to report the interest income next year when you file tax return for 2007. You will receive a 1099-INT form from the bank with the amount of interest earned. The tax form has line items for interest income. Just read next year's form instruction, pretty straight forward.