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:pI am unemployment and don't make money so no income but my money saving is over the 150% poverty line of one person.
My money saving is conside as income?




Savings in NOT income.

Sub: #1 posted on Mon, 08/06/2012 - 20:55

SOAPLADY SOAPLADY
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(Posts: 17272 | Credits: )

as mentioned the actual account itself isn't taxed, but the interest you earn is supposed to be reported to the IRS and could be taxed if over 1500 a year.

Sub: #2 posted on Mon, 08/06/2012 - 23:30

waffles waffles
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