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This perk might be relevant to more people than usual this year. Sean Locke Photography / Shutterstock.com
If you have purchased a CD — otherwise known as a certificate of deposit — from your bank, you probably know that withdrawing money from it before the term expires usually requires payment of a penalty. However, you might not realize that this fee you pay for an early withdrawal — which typically amounts to a few months of interest — can be deducted on your tax return. The IRS allows you to deduct…
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