Questions concerning government regulations or corporate practices that apply specifically to people who are not residents (or not citizens) of the country in question.

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1answer
14 views

Fund transfer from NRO to NRE a/c

I have transferred money from overseas to Indian savings a/c. when I went back to India I have opened NRE a/c and status of my savings a/c changed to NRO a/c. My question is can I transfer fund from ...
1
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1answer
34 views

Australian stocks - any dividend tax or capital gains tax?

Can someone please provide some information on this? I would like to invest in Australian companies and want to know about the tax rates. Am a foreigner who is non-resident.
4
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1answer
38 views

WHEN should I realize capital gains before going from non-resident alien to resident alien in USA?

I have read this post (How to realize capital gains before going from non-resident alien to resident alien in USA) and would like to ask a follow-up question. It's understood that capital gains ...
1
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1answer
76 views

Tax on foreign currency brought into India?

My brother is considering to bring USDs from Saudi and get them converted here. He's had trouble remitting through banks since he doesn't have iqama at the moment. So, if we get $s converted in India, ...
1
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1answer
21 views

Do I owe NRI tax on excess per day allowance that I have saved?

I work for a multinational IT company, based out in India. At the beginning of 2014 I came to Europe for office work for a short term duration. But then the stay got extended and I happened to stay ...
5
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1answer
74 views

Do Canadian citizens have to file Canadian income tax returns even when living abroad?

American citizens are required to file taxes from abroad and to declare all world income. Is something like this also a requirement of Canadians when not residing in Canada? Does anyone have any ...
2
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1answer
58 views

When is it required that a non-resident alien file tax returns in the U.S.?

I am a non-resident alien as per US IRS definition. I generate some income from the US on account of book royalties and advance from a U.S. publisher. I am otherwise employed full-time in India and ...
1
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0answers
59 views

What Capital Gains are owed for a Non-resident owning stock in US C corporation when it is acquired?

Would a non-resident alien (no connection to the US apart from the company) owning founder/CEO stock (not stock options) of a private US corporation have to pay capital gains tax in the event that the ...
2
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1answer
30 views

Do I need to amend my tax return and change withholding rates?

I am in US on a F1 visa. While working on OPT, F1 visa holder does not have to pay social security and medicare taxes. However my spouse in on H1B visa. Since we file jointly we pay social security ...
3
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2answers
82 views

How to realize capital gains before going from non-resident alien to resident alien in USA

I am a foreigner and will move to USA next year (2016) and want to optimize my tax situation beforehand. I bought stocks in 2009 which appreciated in value but I would still like to keep them. So my ...
2
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0answers
36 views

Receiving $10,000 grant from U.S company as a UK citizen using W-8BEN form, how much is taxed before and after using a tax treaty?

I'm going to be travelling to America to take part in a fellowship/scholarship/training program ran by an American company. I am a UK citizen. I am receiving a $10,000 grant from the U.S company and ...
1
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1answer
49 views

Indian Demat account

I just converted my savings account to NRO and created a new NRE account. Now the bank is asking me to convert my demat to NRO demat where I need to close my exising demat account and open a new NRO ...
3
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0answers
91 views

Indian won a contest in US. I got 1042-S claiming 30% tax. How to file?

I won a contest and the sponsor paid the money without withholding tax against my W8BEN. I am Indian citizen and I have to file taxes to US from India. I have received 1042-S claiming that I have to ...
0
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1answer
51 views

Resident Alien after substantial presence test, and employer did not deduct FICA for that year. What to do?

My F1 visa started in Aug 2009, so 5 years ended in 2013 inclusive. 2014 counting 183 days, I would be considered a resident, but my employers exempt me from FICA on the pretext that I was on F1 visa, ...
0
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0answers
82 views

Income tax filing for F-1 OPT student non-resident in California

I am an international student currently working full time on F-1 OPT status. In 2014, I worked as an intern for 3 months in California. I am confused if I should be filing 540NR short form or long ...
0
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0answers
50 views

Is interest from US Savings Bonds subject to nonresident alien tax withholding?

A person received some US Series EE Savings Bonds when he was a child. He was always a nonresident alien for US tax purposes and he is not from a treaty country. The Bonds matured in 2001 and has ...
0
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1answer
137 views

Please help - Complex F1 visa OPT tax question with 5 years presence, exempt FICA

I have found much information about this online, in that if you have been in F1 visa for over 5 calendar years, you can be considered a resident alien for tax purposes. However, my situation is sort ...
2
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1answer
75 views

Transferring money from Indian NRE account to UK

I am living in the UK and I need to get some money from India to UK to purchase a property. My father will be gifting me the money and he has the money in his NRE account(he is NRI).IS there any tax ...
0
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2answers
42 views

Filing as Dual Status or Non-Resident if entered and exited the US in the same year

I'm a New Zealand citizen who emigrated (I have a green card) to the US in July. Due to some medical issues I returned to NZ in early December. My question is whether I should file as a Dual-Status or ...
2
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2answers
345 views

Is Income coming into saving account in India from Dubai is taxable?

I am staying out of India since from 22 Jan 2014 to till now in Ethiopia and now in Rwanda. Between this period i went India for 6 days. I am getting salary (INR) from Dubai based company in my Indian ...
0
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1answer
83 views

As a J-1 visa holder, am I allowed to make additional income in the US?

I am living in the US under a J-1 visa. I am thinking of building and launching an iOS application that might bring in some additional income from the App Store (potentially hundreds to thousands of ...
1
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1answer
82 views

Tax consequences of working for US company from India

I found a job at a US-based company, and I would like to do all my work for that company while residing in India. My questions are: Can said company deposit my salary check directly into my account ...
3
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1answer
597 views

Personal bank account for non-resident in UK

I have just received a job offer in the UK (for a UK company) and i want to open a personal account with a UK bank to receive my salary and avoid international fees. I've read around the web about UK ...
1
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1answer
60 views

Worked as a non-resident alien in the US (Canadian citizen and resident) for a few months under a TN visa, how do I file a tax refund?

For a few months in 2014 I worked as a non-resident alien under a TN Visa in the U.S. I am a Canadian citizen and resident. I only worked a few months so I shouldn't have to pay much in taxes, but ...
2
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1answer
84 views

Remittance to India from US in an Indian account?

I am Indian citizen working in the US on a non-immigrant work visa. I have a regular savings account in India as well but I dont have an NRE/NRO account. So, will my remittance send to India account ...
2
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1answer
76 views

Is a US expat with savings in multiple currencies considered to be investing in the non-USD currency?

I am a US citizen who has been residing and working in Cabo Verde, so have been primarily earning and spending escudos. I have money in checking accounts in both countries, each in the currency of ...
1
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2answers
289 views

Non-U.S. Citizen Backpacker Working Remotely for U.S. Company

I've worked full-time in the United States for a software development company with a F-1 Visa (OPT). Now, I am going to be traveling and working remotely for that company. Facts: I am not a U.S. ...
1
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2answers
435 views

1040NR-EZ: Previous year's paid state tax & Itemized deductions

I am a using the online-tax software (Glacier) to generate my 1040NR-EZ or 1040NR form, and have paid a state tax in the previous year tax return. For this year's return, I am unsure whether I should ...
1
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2answers
267 views

Transfer money from foreign account to Indian bank account?

I wanted to know if it is advisable to transfer money from USA based accounts to an NRE or NRO account in India? Are any of them liable to tax in India or USA ? I am planning to use western union. ...
0
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1answer
98 views

State tax issues for NJ resident with DC tax withheld, and likely refunded

Please help this NJ resident with a state tax question. I live, own property, am employed and vote in NJ. In 2014 I traveled to & worked in DC about 70 business days, always staying in hotels. ...
0
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1answer
97 views

Trade stocks in USA

What are the conditions for foreign citizens (and non-residents) to trade on American exchanges? I believe it's possible, but don't know the conditions...
0
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1answer
70 views

Argentinian wants to work for company in Europe and receive transfers to bank in the US, how to pay tax?

I'm from Argentina, I live in Argentina, and I worked in the US for three months. I have an account in Bank of America. I'm about to start working as a freelancer for a company in Germany and I want ...
2
votes
1answer
77 views

Is gift tax owed when giving money from a non-US person to a US person if the money is originating in a US bank account?

A Person is not a US Person but maintains a bank account in the US when the person was a tourist in the US. This person does not work in the US nor ever stay in the US for more than 10 days in a year. ...
3
votes
1answer
217 views

I filled the wrong income tax form, what should I do?

I am a non-resident alien in the US and I filled form 1040 by mistake, which is for US residents. I think I should fill 1040X and 1040NR by paper, but I am not sure if I should wait until the return ...
0
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2answers
532 views

Can a non-citizen claim a US lottery prize on a ticket purchased through a third party?

I used a lottery concierge service to buy a US lottery ticket online. I am not a US citizen. In the unlikely event of my winning, can I claim the prize if I come to the US and have the ticket with ...
1
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2answers
262 views

Working in Saudi since aug 14, am I considered as NRI and do I need to pay tax

I am working in Saudi Arabia since aug 14, am I considered as NRI and do I need to pay tax. I applied for NRE account in ICICI bank and application was processed later I was told by officer that I ...
7
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1answer
600 views

For a non-resident, Is it worth investing in a 401k?

I'm planning to stay in the U.S. for 3 to 5 years. My company offers a 4% match for 401k contributions. Is it worth investing in a 401k plan with all the fees and penalties? Or is there a better way ...
0
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1answer
784 views

Opening US Bank account for US citizen while abroad

I am an American citizen with a social security number, but I'm currently living abroad and am not planning on visiting any time soon, and I don't have any state-issued ID. Is there a bank that will ...
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3answers
153 views

Question about being a resident

I moved to Oregon in July 2014 from Nevada. I have OR DMV and Voter's registration. Am I considered a resident of Oregon now?
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1answer
84 views

What is the best way to increase the earned money staying in US for an NRI?

Im living in US from last 1 year due to work assignment and will be here for another 3-4 years. What is the best way to earn interest on earned money? Shall I send all earned money to India ...
0
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0answers
145 views

Tax on 401k withdrawal for non US resident

What is the tax rate for 401k withdrawal? A Thai citizen inherited a 401k plan from her US husband who died at age 62 years. Which tax forms must be filed after withdrawal?
0
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1answer
111 views

Tax residency options for Australian overseas with no fixed residence?

I am an Australian citizen and work remotely for an Australian company. My pay goes into an Australian bank account and I also have a mortgage (actually a line of credit) on an Australian property. ...
0
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1answer
72 views

Opening Company in US as non US resident and living in native country. Tax questions!

I'm planing to open company (C Corporation) with my friend in US, specifically Delaware. But I am not US resident nor is he. Him and I live in Croatia, Europe. We will be owners of company and only ...
1
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1answer
281 views

Roth IRA withdrawal taxes for nonresident aliens after age 59 1/2?

I am a non-resident alien living in the US now, and I need to ask if I have to pay any IRS any taxes after the age of 59 1/2 on any gains or earnings from a Roth IRA withdrawals? I know that US ...
3
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2answers
109 views

Can/should a foreign person working overseas for a US company contribute to a 401k?

Our company (US-based) is considering hiring a foreign citizen (UK) to work for us in the UK. I believe that they CAN contribute to a 401k, but should they? Do they receive the same benefits from the ...
8
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1answer
243 views

Can I open a rollover IRA account in the US when I am not a citizen, nor no longer live there?

I lived in the US for about 7 years, and started saving money in the company's 401K plan. I had a green card, but decided to move to my home country years before it expired. I have a US SSN. Now the ...
1
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1answer
73 views

self directed RRSP for a non resident

I am a US resident and want to take money out of my superannuation municipal plan and have it converted to an RRSP. However, some banks don't allow you to obtain a self directed RRSP if you are not ...
2
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2answers
477 views

Question about being a Resident Alien for Tax purposes

I've been in the United States since January 2009 under an F1 student visa. Since that time I have left the united states only once in December 2009. For the past few years I've been filing taxes as a ...
4
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1answer
134 views

I am a US citizen. Can I gift stock options to my parents in India?

I am a US citizen. Can I gift some stock options to my parents in India? If this is possible, could you point me to a page or document showing all things that needs to be done legally at both US and ...
2
votes
2answers
608 views

Filing income tax for nonresident spouse?

If someone is married and his spouse is not a U.S. citizen, doesn't live in the U.S., and doesn't have Social Security number, how is he going to file a tax return? Should he file a tax return as ...