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Investors & landlords
To add to the answer provided by Bsch4477, when you deposit the cash into your bank, there is no tax form generated showing that deposit as 'income'. But, if you earn interest as a result of the deposit of the cash, then the interest will be taxable income reported on Form 1099-INT if the total for the year is greater than $10.
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‎April 5, 2025
7:46 AM
1,333 Views