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  Answer this Question    Ask about Taxes    Ask about another Subject  
 

d_v
Mar 14, 2007, 08:57 PM
Hi,

I am a citizen of India and filing my taxes as a non-resident for 2006.

1.> I received 1099-G of my 2005 state tax refund. In my 2005 federal tax return I had used the standard deduction on line 11 of 1040NR-EZ i.e "Itemized deductions" line since it is entitled to students from India. Is this a taxable refund for me for 2006 return?

2.> I also got 1099-INT from my bank savings accounts for 2006. Is it true that filing as a non-resident this interest is non-taxable (since it is not related to trade or business) and I can go ahead and use 1040NR-EZ instead of 1040NR?

any help will be appreciate!
thanks...

AtlantaTaxExpert
Mar 18, 2007, 05:25 PM
1) Since you claimed the standard deduction, the refund is NOT taxable.

2) Yes, the interest is NOT taxable, so go ahead and use Form 1040NR-EZ.