sutaneja
Mar 16, 2008, 04:22 PM
Hi,
I am on L1 visa, came here in aug 2007, with income from wages, around 20,000. Apart from wages (as mentioned in W2), I have 1099 NT form, listing interest earning and tax.
I read that for Non-Resident aliens, Bank interest is not taxable and is not counted towards gross income. If this is the case, my only source of income is from wages.. and hence I have to fill 1040 NR EZ...
1. Is this correct? Or do I need to fill 1040 NR?
2. And If I have to File 1040NR, where on 1040 NR form, I need to mention 1099 NT, Interest Income and corresponding tax?
Thanks,
Sumit
I am on L1 visa, came here in aug 2007, with income from wages, around 20,000. Apart from wages (as mentioned in W2), I have 1099 NT form, listing interest earning and tax.
I read that for Non-Resident aliens, Bank interest is not taxable and is not counted towards gross income. If this is the case, my only source of income is from wages.. and hence I have to fill 1040 NR EZ...
1. Is this correct? Or do I need to fill 1040 NR?
2. And If I have to File 1040NR, where on 1040 NR form, I need to mention 1099 NT, Interest Income and corresponding tax?
Thanks,
Sumit