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CD earnings' affect on taxes
I have a cd (certificate of deposit) that will be maturing in April. I'm not familiar with CDs and not sure if I can withdraw a partial amount or have to withdraw the full amount. My main question though is regarding how it will affect my taxes for next year. I am not withdrawing prematurely, but will I be taxed on the interest earned pre maturation?
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May 31, 2019
11:01 PM