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harrisc42 t1_j6kjnmf wrote

Reply to comment by throwawayforme194 in Placing savings in money market fund (SWVXX). by throwawayforme194

There's nothing different about the taxes. Taxes are taxes. If you earn interest or dividends by putting this cash into anything, you'll pay taxes on that income.

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throwawayforme194 OP t1_j6kpaqk wrote

Great, that’s what I had imagined. Wasn’t sure if there were any nuances dependent on the avenue of income generation.

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