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Millennial Money: Bank bonuses, interest may boost tax bill

Por: Associated Press Life April 04, 2023

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With tax season in full swing, you may be consolidating the various charitable donation receipts, deductions and W-2 forms that you’ll submit to the Internal Revenue Service. But if you received any bank sign-up bonuses or earned interest on your bank balance, you may owe additional taxes you might not have planned for.Interest rates on bank accounts, such as high-yield savings accounts, were high in 2022 due to ongoing rate increases made by... + full article



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