Resident Alien and non resident alien spouse with bank interest income.
I am a resident alien and my wife is non resident alien (on H4 Visa). However, for tax purpose, I filed joint return last year by showing her as resident. This year she earned a bonus interest income (from opening a bank account, will receive form 1042 as per the bank) and as per IRS, such income is not taxable. This year also, I will file as 'Married, filing Jointly'. In this case, do we need to declare that income?