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April 4, 2025
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Tax filing - 1040NR

  • April 4, 2025
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I am a working professional on a F-1 visa and a non-resident for tax purposes. I have transferred some US-based income to my NRE account in my home country. Should I report any interest earned on that while filing taxes?

    Best answer by DaveF1006

    As a non-resident alien for tax purposes on an F-1 visa, you are generally only taxed on U.S.-source income. Interest earned on your NRE account in your home country is considered foreign income and isn't subject to US taxation.

     

    1 reply

    DaveF1006
    DaveF1006Answer
    April 4, 2025

    As a non-resident alien for tax purposes on an F-1 visa, you are generally only taxed on U.S.-source income. Interest earned on your NRE account in your home country is considered foreign income and isn't subject to US taxation.

     

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    ed671890Author
    April 5, 2025

    Thank you for the clarification! Would it be counted as not-taxable income since some of my post-tax income was transferred to my bank account in my home country?