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The early withdrawal penalty on your certificate of deposit withdrawal in 2017 will be reported to you and to the government on the Form 1099 INT for 2017. This reporting will allow you to claim this lost interest on your 2017 tax return.
The early withdrawal penalty on your certificate of deposit withdrawal in 2017 will be reported to you and to the government on the Form 1099 INT for 2017. This reporting will allow you to claim this lost interest on your 2017 tax return.
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