What would happen if Cd's were never made?
Asked in Books and Literature, Shopping
What are the best types of stores for buying books CDs and DVDs?
Do Pimsleur CDs have tracks in order to replay the last phrase again?
Asked in Taxes and Tax Preparation, Income Taxes
Are Cd's taxed as ordinary income?
The interest from CDs (Certificates of Deposit) is taxes as ordinary income. In the unlikely event that you are trading transferable CDs on the secondary market, it would be theoretically possible for them to generate capital gains as well as ordinary income. This would apply to CDs purchased from securities brokers, not to ordinary CDs purchased at a bank.