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jpecsar
New Member

I live in Mexico and do not own any real estate in the US. However, I do have investment accounts in the US. Do I owe any state taxes?

 
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Leonard
Intuit Alumni

I live in Mexico and do not own any real estate in the US. However, I do have investment accounts in the US. Do I owe any state taxes?

You may owe state tax to California depending on the amount of income you had from California sources.

California taxes Nonresidents of California on income from California sources.

This link Do you need to file?  has information on the California income threshold for filing a tax return.

 

[Edited 03/10/2020 | 10:27 am PDT]

 

 

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3 Replies
Leonard
Intuit Alumni

I live in Mexico and do not own any real estate in the US. However, I do have investment accounts in the US. Do I owe any state taxes?

What state are you asking about?
jpecsar
New Member

I live in Mexico and do not own any real estate in the US. However, I do have investment accounts in the US. Do I owe any state taxes?

California
Leonard
Intuit Alumni

I live in Mexico and do not own any real estate in the US. However, I do have investment accounts in the US. Do I owe any state taxes?

You may owe state tax to California depending on the amount of income you had from California sources.

California taxes Nonresidents of California on income from California sources.

This link Do you need to file?  has information on the California income threshold for filing a tax return.

 

[Edited 03/10/2020 | 10:27 am PDT]

 

 

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