can you point to the source of that assertion?

回答: loophole? where?caliber2009-02-01 14:27:14

as far as I know, every penny of interest generated from a bank account is subject to federal income tax. don't know where you get the $700 exemption rule from.

interest rates overall are based on your taxable income, not sources of your income. so saying "low rate after" is very misleading.

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The INT is under your child SSN. not yours. -jin_yin_hua- 給 jin_yin_hua 發送悄悄話 (34 bytes) () 02/02/2009 postreply 17:22:37

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