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Generally the CD interest ( not being available to you ) does not constitute constructive receipt till the maturity date . So the bank that did not issue a 1099-INT is correct. If however they do make it available to , even with restriction , you would have to recognize -- this is because the bank would book it as interest paid in their filings. That is my understanding of CD interest reporting.
Generally the CD interest ( not being available to you ) does not constitute constructive receipt till the maturity date . So the bank that did not issue a 1099-INT is correct. If however they do make it available to , even with restriction , you would have to recognize -- this is because the bank would book it as interest paid in their filings. That is my understanding of CD interest reporting.
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