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I have a 2 year CD When is interest taxed ?
If you have a two year CD , is the accrued interest taxed yearly or when the CD matures?
February 13, 2019
8:55 AM
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Get your taxes done using TurboTax
depends on when the interest is paid to you but it can't be deferred for more than 1 year.
here is a good explanation
https://ttlc.intuit.com/questions/3603011-cd-earnings-affect-on-taxes
February 13, 2019
9:38 AM