TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Double-Dip IRA

October 06, 2011

Today TaxMama hears from Mike in the Tax Quips Forum, who is unclear on the concept. “My 7 month certificate of deposit (in an IRA) will expire in November 2011. I used this money as a tax deduction for 2010. If I re-invest in another 7 month CD, at th