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