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Yes. Interest earned on a CD is taxable, even if it is not withdrawn.
Yes you should get a 1099INT each year from the bank. If your CD is more than 1 year long, some banks only give you a 1099INT for all the interest when the CD matures. But most will give you a 1099INT each year for the interest.
If the CD is in a IRA or another kind of retirement account you don't report the interest or dividends.
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