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A comment on Dropping the Sat Requirement Is a Luxury Belief. Parent comment

Re:Dropping the Sat Requirement Is a Luxury Belief by sklargh on Sunday March 05, 2023 @01:01PM (#35032162)
Assuming US due to agency choice. What about a 1099-INT? Surely even trivial interest earnings on 10mm would trigger this?

Moreover I'd expect that any given user w/10mm would be rolling into multiple accounts to maximize protection offered by FDIC.

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Re:Dropping the Sat Requirement Is a Luxury Belief by pjscott on Sunday March 05, 2023 @02:52PM (#35033246)
If you put the money mostly into bonds or stocks that don't issue significant dividends, you'll pretty much just have to worry about capital gains (form 1099-B), and those aren't taxed until the fiscal year in which they're realized.
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