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    Mugar's Avatar
    Mugar Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 4, 2009, 09:16 AM
    F-2 visa and Bank Interest tax issue
    Hi,
    I am on F-2 visa here in U.S (my wife is an International student on F-1). I filled W8-BEN with my bank which I earned some interest on my saving and CD during 2008 (about 300$ total). But the bank didn't send me 1099 INT. Needless to say, I am considered as Non-resident for tax purposes. I have two questions:
    1. I was wondering that I should ask the bank to duplicate me 1099 INT or they just didn't send it because I filled W8-BEN with them.
    2. Please correct me if I am wrong: I think I just need to fill form 8843 and although I have some Bank interest income, because I am an exempt individual ( F-2 less than 5 Year), my bank interest is not considered U.S income and I don't need to file 1040NR-EZ.
    Am I right?

    Thank you in advance for your consideration
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 4, 2009, 11:41 PM

    Yes, you will file Form 8843. For nonresidents, bank interest is not taxable. Also your total income (even after including bank interest) is less than filing requirement of $3500.
    Read: Your U.S. Tax Return: U.S. Tax Filing Requirements for Non-Residents
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