2 Jul 2026
The 1099-INT Tax Form: What to Do When Your Bank Sends One
Banks send a 1099-INT if you earn $10 or more in interest. Learn what Box 1 means, how to file, and what to do if you don't receive one.
Blog
Guides on savings, interest & tax
Straight-talking articles to help you keep more of what your money earns.
27 Jun 2026
How Inflation and Taxes Create a "Negative Real Return" on Cash
A high APY sounds great, but inflation and taxes can quietly shrink your actual purchasing power. Here is the math of real savings return.
22 Jun 2026
High-Yield Savings Accounts vs. Certificates of Deposit (CDs)
Both are FDIC-insured, but HYSAs and CDs have different liquidity trade-offs and interest rate rules. Plus, learn how CD taxes work.
17 Jun 2026
Treasury Bills (T-Bills) vs. HYSAs: The State Tax "Loophole"
If you live in a high-tax state, Treasury bills offer a legal tax advantage over HYSAs by avoiding state and local income tax entirely.
12 Jun 2026
How Is Savings Account Interest Taxed? (Federal & State Rules)
Bank interest is taxable as ordinary income. Learn how federal tax brackets, 1099-INT forms, and state-level taxes determine what you owe.
7 Jun 2026
What Is HYSA "Tax Drag" and How Does It Affect Your Savings?
When you open a high-yield savings account advertising a 4% or 5% APY, it's easy to assume that's what you keep. Here is why tax drag eats your real return.