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How much money can we deposit in a savings account without any tax?
I have a question about savings account. How much money can we deposit in a savings account without any tax?
In the United States, the limit for depositing money into a savings account without paying taxes on the interest earned is $10,000 for single taxpayers and $20,000 for married taxpayers filing jointly. However, these limits may differ in different countries, so it's important to check with your local tax laws. Is there anything else you would like to know?