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New Member
posted Jun 4, 2019 5:30:51 PM

I cashed in EE savings bonds. Is the interest received reported on MO-1040 if cashed in MO at a MO bank & deposited in a MO bank, but am a nonresident.

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Level 15
Jun 4, 2019 5:30:53 PM

No....Interest received is reported as taxable income only in the state you live in at the time it is received.    (And states do not tax interest from US bonds anyhow)

1 Replies
Level 15
Jun 4, 2019 5:30:53 PM

No....Interest received is reported as taxable income only in the state you live in at the time it is received.    (And states do not tax interest from US bonds anyhow)