money markets accounts

money markets accounts
When the rule to be imposed on the accounts of money market interest? I know I should know.?

Example: I'm only 50, 000 last year and $ 3,000 of my tax money market Are you 3000? What is the rule :-) im so sorry obtain double taxation of the same amount? Ok go to sea. Ok thank you all understand now.

You will only receive taxes on the interest you earn money on the money market. If you paid $ 50,000 last year for a salary, you are taxed on that if you had $ 3,000 in a money market, you are only taxed on the interest that he earns $ 3,000.


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