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2. How to Avoid Taxes on a Savings Account - AOL

   www.aol.com/news/rich-avoid-paying-taxes-savings...

   If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned ...

3. What Big Bucks in Your Savings Account Could Mean For Taxes - AOL

   www.aol.com/much-money-savings-account-probably...

   Interest paid to almost any bank account, including savings, checking, money market accounts and certificates of deposit, is taxable. Dividends on deposits or shared accounts at credit unions ...

4. Do You Have To Pay Taxes on Money From a High-Yield Savings ...

   www.aol.com/high-yield-savings-account-earnings...

   The accounts are as safe and accessible as traditional savings accounts, but they pay higher interest. However, that interest can have tax implications you should be aware of before you open your ...

5. How to Avoid Taxes on a Savings Account - AOL

   www.aol.com/rich-avoid-paying-taxes-savings...

   Savings Account Interest Tax Basics. The conventional savings accounts offered by most banks and credit unions and some other financial institutions, including online banks, are ideal for saving ...

6. What Types of Interest Income Are Taxable? - AOL

   www.aol.com/types-interest-income-taxable...

   Taxable interest income is any money you earn on your investments or savings accounts. When an account pays you interest for the money you have in that account, or you earn an annual percentage ...

7. Saving vs. investing: Which strategy works best for growing ...

   www.aol.com/finance/saving-vs-investing...

   If you earned $500 in interest income from a high-yield savings account in the same year, you’d owe $60 in taxes on that interest. Your bank will send you a 1099-INT form during the tax filing ...