Skip to main content
PATAX
Level 12
July 10, 2023
Solved

300,000

  • July 10, 2023
  • 1 reply
  • 15 views

That is the estimated approximate number of new individuals who may now be required to file 2023 Schedule B due to increased interest rates on certificates of deposit, money market accounts, savings accounts, Etc

This topic has been closed for replies.
Best answer by IRonMaN

For any of those that don’t want to file, send me the interest and I’ll be happy to pay the tax😊

1 reply

IRonMaN
IRonMaNAnswer
Level 15
July 10, 2023

For any of those that don’t want to file, send me the interest and I’ll be happy to pay the tax😊

Slava Ukraini!
PATAX
PATAXAuthor
Level 12
July 10, 2023

Banks here are paying approximately 5% on certificates of deposit. That's funny because it wasn't too long ago that some tried to push people into Investments like annuities, I.E. they apparently did not want their money and could make more money through Investments like annuities.