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WebOpen your mind, Better to know how to investment your money can be no risk no worries, gain more interest can be 12% per year with Tax advantage and Your Protection. … WebJan 24, 2024 · The money that you earn from your savings account is just gravy on top of what you’ve already saved. ... That’s why the IRS requires you to report — and pay taxes on — the interest that you earn from your bank accounts. The IRS treats that money exactly the same as if your employer paid it to you in the form of wages. ... 12%: $9,951 to ... iron foundry mosolov
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