412991
I understand that I need to report all savings account interest in my federal tax form, and I know where to report it. My question is that for interest that is <$100 from a bank (ME) not in my state of residence (MA), do I need to file a second state tax form for the state in which the bank is located (ME)? I believe ME only requires it if you made >$3000 but I just want to make extra sure.
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Interest and dividends, Capital gains and Retirement income are only taxable by the state you live in at the time you receive the $$.
Only working in ME, or owning a farm, rental property, or having a bushiness interest in ME would need an ME tax return for that income (or gambling winnings over a certain amount if they have Casinos)
Interest and dividends, Capital gains and Retirement income are only taxable by the state you live in at the time you receive the $$.
Only working in ME, or owning a farm, rental property, or having a bushiness interest in ME would need an ME tax return for that income (or gambling winnings over a certain amount if they have Casinos)
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