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eleanorl444
New Member

Does interest earned from Foreign bank accounts need to be claimed for both Federal and state taxes?

 
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BobinCT
Level 7

Does interest earned from Foreign bank accounts need to be claimed for both Federal and state taxes?

Yes.  All your income except for specifically exempt categories must be reported.

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1 Reply
BobinCT
Level 7

Does interest earned from Foreign bank accounts need to be claimed for both Federal and state taxes?

Yes.  All your income except for specifically exempt categories must be reported.

View solution in original post

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