Hi@Ginny-in-the-PNWYou’re seeing two different treatments because CDs aren’t all structured the same way, and that affects when interest is considered taxable.I...
You’ve already gotten solid answers, but here’s anotherr way to think about it.For most individual taxpayers (who use the cash method), interest is generally ta...
If you received a 1099-INT for the CD, the early withdrawal penalty should be listed in Box 2 (“Early withdrawal penalty”). TurboTax usually asks about this aut...
