If you had a savings account at a bank, which of the following would be correct concerning the interest that you would e
Posted: Thu Jul 21, 2022 8:57 pm
If you had a savings account at a bank, which of the following would be correct concerning the interest that you would earn on this account?
A. Sales tax may be charged on the interest that you earn
B. You cannot earn interest until you pass your 18th birthday
C. Earnings from savings account interest may not be taxed
D. Income tax may be charged on the interest if your income is high enough
A. Sales tax may be charged on the interest that you earn
B. You cannot earn interest until you pass your 18th birthday
C. Earnings from savings account interest may not be taxed
D. Income tax may be charged on the interest if your income is high enough