Paying taxes on CD interest? 1099-INT forms coming by Jan. 31 – Detroit Free Press

Savers who shopped in 2023 could easily get incredibly solid interest rates of around 5% or more on certificates of deposit. This interest rate had not risen to this level in his 15 years. A saver who locked in a 5% interest rate for all of 2023 on $10,000 of savings earned $500 in interest […]