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Interest you receive from a bank is not considered income True or False?

Interest you receive from a bank is not considered income True or False?
asked 200k views
1 vote
Interest you receive from a bank is not considered income
True or False?

asked
User Allence Vakharia
by
8.2k points

2 Answers

1 vote

Interest you receive from a bank is not considered income.

The answer is false.

answered
User Chathuranga
by
8.1k points
3 votes
any interest that you receive from a bank is taxable income, so I guess its false 
answered
User Magnolia
by
8.1k points
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