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rjcareys1
New Member

is interest income taxable for New jersey

is bank account interest taxable for new jersey
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rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

is interest income taxable for New jersey

Yes, bank account interest is taxable in New Jersey. Enter your Form 1099-INT in the federal income section of TurboTax. Do not check the box that says "My state doesn't tax all of this interest." The income will flow to the New Jersey tax return.

 

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1 Reply
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

is interest income taxable for New jersey

Yes, bank account interest is taxable in New Jersey. Enter your Form 1099-INT in the federal income section of TurboTax. Do not check the box that says "My state doesn't tax all of this interest." The income will flow to the New Jersey tax return.

 

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