A high-yield savings account or CD can earn up to 100 times more on your money — but don't forget those earnings are taxed

Taxes on savings account interest is pretty simple. If you earned more than $10 in your high-yield savings account or CD, you'll owe some income tax.

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A high-yield savings account or CD can earn up to 100 times more on your money — but don't forget those earnings are taxed Taxes on savings account interest is pretty simple. If you earned more than $10 in your high-yield savings account or CD, you'll owe some income tax. Read More »

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