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Do I have to pay taxes on my Savings Jars?

If you earn more than $10 in a single tax year using the interest we offer on Savings Jars, you will have to pay taxes on the the total amount you earn.

The exact amount you will pay in taxes will depend on your tax situation. Each year during tax season, we will provide a 1099-INT to all customers who earned more than $10 which you will include as you file your yearly taxes.

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