Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Taxes    Ask about another Subject  
 
PDA

tttanya
Mar 16, 2007, 11:48 AM
Hi all,

If we exclude the checking account interest on form 1040 NR (nonresident alien)
do we need to include it if we file a resident state tax (CA 540) on our state tax return.

Thanks, Tanya
AtlantaTaxExpert
Mar 19, 2007, 10:07 AM
Tanya:

If the interest is exempt from federal taxes, it is also exempt from state taxes as well.