Log in

View Full Version : F-1 Non-Resident Alien - Bank Interest Income - State Taxes


crazee85
Mar 9, 2011, 07:13 AM
Hi,

I know that bank interest income, while on F-1 non-resident alien status, is exempt for federal taxes. How about state and city taxes?

Thanks!

AtlantaTaxExpert
Mar 18, 2011, 01:45 PM
Depends on the city and state.

If they honor the treaty, then the interest is tax exempt.

If not, then the interest is probably taxable.

crazee85
Mar 19, 2011, 05:29 PM
Thanks AtlantaTaxExpert!

AtlantaTaxExpert
Mar 19, 2011, 08:30 PM
Glad to help!