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    Marta01's Avatar
    Marta01 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Feb 7, 2011, 07:57 PM
    1099-INT for non residents
    Dear Tax Experts,
    I'm from Italy and I started to work in Texas with a J1 visa in November 2010.
    In January 2010 I opened a checking account while I was in the US with a tourist visa, and now I've received a 1099-INT form. Federal taxes has already been withheld from the bank.
    Which form do I need to file? 1040-NR or 1040-NR EZ?
    Are these interests taxable or tax-exempt?
    Thank you!

    Marta
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 7, 2011, 08:12 PM

    Bank interest is nontaxable for nonresidents. You will file Form 1040NR.
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