Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
user4853523
New Member

Is interest income considered income from a different state and required reporting by filing in that state?

 
1 Best answer

Accepted Solutions
MichaelL1
Level 15

Is interest income considered income from a different state and required reporting by filing in that state?

You will just report all the interest income in the State you reside.

My bank for example is headquartered in NY but I live in another state, so I report it all there.

Can you post a comment as to what state this interest is coming from and ballpark of amount you are talking about and I will check that state's filing requirement. 

View solution in original post

1 Reply
MichaelL1
Level 15

Is interest income considered income from a different state and required reporting by filing in that state?

You will just report all the interest income in the State you reside.

My bank for example is headquartered in NY but I live in another state, so I report it all there.

Can you post a comment as to what state this interest is coming from and ballpark of amount you are talking about and I will check that state's filing requirement. 

Dynamic AdsDynamic Ads
Privacy Settings
v