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Information regarding tax on the interest amount of bank d

Sent to Tax Experts December 8 2004 at 3:44 AM
   

I am a 54 year woman and a resident of Tallahassee, Florida. If my individual yearly income (from 2005) is about $18000 a year through the interest earned on my bank deposit, do I have to pay Tax in this deposit, if so how much? I have no other income, besides the interest amount.

Customer (name blocked for privacy)
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