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-   -   Tax on interest earned in an Internet Saving Acct for a Non resident (https://www.askmehelpdesk.com/showthread.php?t=172698)

  • Jan 15, 2008, 12:06 PM
    indranil18
    Tax on interest earned in an Internet Saving Acct for a Non resident
    Hello,

    Last year, I had called IRS and they told me that interest earned by a non resident on money kept in an internet saving account is exempt from federal tax.

    Has anyone else heard of this?

    Best Regards,

    Indranil
  • Jan 15, 2008, 12:45 PM
    AtlantaTaxExpert
    That is true. Typically, ANY bank interest for a non-resident alien is exempt from U.S. taxes.

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