If I received interest income from a credit union (not located in MD), does the state of MD still tax the interest as income?

skippersteve2000 · ‎July 13, 2020

maglib · ‎July 13, 2020

@skippersteve2000 Yes your home state always taxes all income if there is a state tax regardless where it comes from. Only exceptions is reciprocal employment tax states.

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SusanY1 · ‎July 13, 2020

Yes, they do.

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If I received interest income from a credit union (not located in MD), does the state of MD still tax the interest as income?