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arp264
New Member

Do I need to file a non-resident state return for a small amount (<$200) of interest income received from a bank located in a different state?

 
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AnnetteB
Intuit Alumni

Do I need to file a non-resident state return for a small amount (<$200) of interest income received from a bank located in a different state?

No, you do not need to file a non-resident state return to report interest income.

The interest income will be taxed by the Federal return and by your resident state return.  The fact that the income is from a bank in another state does not matter. 


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1 Reply
AnnetteB
Intuit Alumni

Do I need to file a non-resident state return for a small amount (<$200) of interest income received from a bank located in a different state?

No, you do not need to file a non-resident state return to report interest income.

The interest income will be taxed by the Federal return and by your resident state return.  The fact that the income is from a bank in another state does not matter. 


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