Tax on joint interest income for couples living in different states?
Submitted by admin on November 27, 2009 – 5:42 pmNo Replies
A web user asks, I live in CA and my wife lives in NJ. We have a joint account with a CA credit union. Now CA only taxes the interest of CA residents. Since my wife’s non-CA income also contributes to this interest, how should I split it for tax purposes?
Can you help them out? Post your advice!
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