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Questions tagged [non-resident]

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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Can a nonresident alien claim the NY State Standard Deduction (2018)?

Can a nonresident alien (Form 1040-NR-EZ) claim the NY State standard deduction or does he/she need to claim itemized deduction (like on the federal return)?
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How do I use MI-1040D for capital gains/losses in other states?

Say we have a full-year nonresident of Michigan, who has wages of W, attributable to Michigan, and a capital gain of G from selling stocks. Since they are a nonresident, the capital gain should not ...
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1answer
82 views

Eligble head of household but no bills to prove expenses

We are a married couple, a US citizen and a non-resident alien (a J1 visa holder). Our child lives with us. Presumably, the US citizen is eligible to file as a head of household since she's considered ...
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30 views

Claiming standard deduction on 1040 NR while not being a student

I am now physically located outside the USA (in India) and am not a student, but have financial assets in the USA generating income. I purchased these assets while I was in the USA and continued to ...
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FBAR reporting for non-resident aliens with single-member LLC

(1) According to the FinCen's FBAR filing instructions, "Any US person that has a financial interest in or signature authority over foreign financial accounts must file an FBAR..." This implies ...
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52 views

Can I pay a non-USA resident in stock?

I have a private C-corp company. I have a guy in Australia who is doing some work for me soon as a contractor. Is it possible to pay him in stock in my US based company? If so, is there anything ...
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1answer
80 views

When should I file 1040X if I filed wrong tax form

I am a F1 student non-resident alien and I e-filed 1040 by mistake. The wrong form has already been accepted several days ago. I learned that I must file 1040X to correct my mistake. Here are some ...
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Taxes: Form 1116 income is both Passive and Treaty

Mostly valid for Americans living abroad. I have income that qualifies as both Passive and Treaty (triple taxation) and would appreciate any advice as to whether I can claim both credits. The ...
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1answer
30 views

Obtain an EIN as non-US resident

I am opening an international/offshore company in US and, as a non-US resident, I don't have a SSN. Can I still obtain an EIN?
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Tax Return Married NRA: Is Glacier Tax Prep fill the 1040NR out correctly?

I am an F1 student (NRA) and Married. Based on the new 1040NR(-EZ) instruction a married NRA cannot claim more than $5,000 deduction (1040NR Instruction). Glacier Tax Prep is a software provided to ...
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1answer
74 views

Non resident alien in US, changed status from F2 to F1, can he claim tax treaty benefit?

One of my friend first entered to US from Bangladesh on August 2017 in F2 status and here is the tax treaty between US and Bangladesh He was in F2 status in US part year from Jan 01 to May 28, 2018 (...
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Are non-resident aliens (1040N0) allowed to offset stock gains with stock losses? And are they allowed to carryover losses? [duplicate]

I am a non-resident filing tax returns using form 1040NR. I'm really struggling to find an answer to the following questions, maybe someone knows and can help - For 2018 - Are non-resident aliens ...
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535 views

Using Standard deduction while filing 1040NR for year 2018

As per https://www.irs.gov/pub/irs-pdf/p519.pdf Standard deduction. If you are a student who qualifies under Article 21(2) of the United States–India Income Tax Treaty, you can take the standard ...
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Residential requirement for Canadian living abroad to collect pensions?

I have been told by numerous individuals that one is required to return to Canada for a certain period of time, whilst living abroad, in order to continue to collect my Senior benefits from the ...
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1answer
45 views

Switching last year's New York State income tax return to part-time resident?

I am a US citizen who in 2018 worked in the Netherlands for a Dutch employer. I left the USA in October 2017 and went back to NYC only for 31 days in 2018. I don't own any house and my last apartment ...
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2answers
143 views

Capital losses from stocks - carryover, and offsetting gains / income for NON-RESIDENT ALIENS

I'm a PhD student filing a tax return for 2018 on 1040NR (non-resident alien) - married filing separately. In 2018 - I had a considerable capital loss (there were no gains). when filling my tax return ...
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1answer
87 views

Non-resident alien cancellation of personal exemption for 2018 tax return

I'm a foreign PhD student filling my tax returns for 2018 using 1040NR. Although my salary hasn't changed from the year before, it seems like my taxable income is up about $4,000 and therefore taxes ...
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33 views

Taxation of capital gains by USA from cryptocurrency of Russian student on an F-1 visa

I am from Russia and I currently study in the US on F-1 visa. Last year I did some cryptocurrency trading which is taxed as capital gains in the US. US-Russia tax treaty says that: Capital gains on ...
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1answer
100 views

Tax forms to report Capital Gain/Losses for Non-Resident Alien on F-1 visa?

I am a non-resident alien on F-1 Visa. I recieved a W-2 from my employer. I have also sold stocks and etfs through robo-advisors. I have recieved forms 1099-B and 1099-DIV from them. Where should I ...
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1answer
86 views

Standard deductions for resident alien J1 w/ tax treaty

Someone with a J1 Scholar visa becomes a resident alien for tax purposes in the US on Jan 1, 2018 (following the two calendar years' rule). Still, under the saving clause, it may be possible to claim ...
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1answer
22 views

NRE to foreign account transfer

Can I transfer money from my Indian NRE account to my sister's savings account in UK bank?
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1answer
61 views

When is the earliest I can file as a resident alien?

I came to the US in 2016 August as a F1 student and I know I am a non resident alient for the first five years. I want to know when the earliest I can file as a resident alien. Is it when I file in ...
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1answer
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Do I need to file tax returns in US if my only income was from capital gains and I am a non-resident who was not in the USA for the tax year?

So I came to the US on F1 Student visa on September 2012 and studied for 2 years. I then worked for 3 years in California on F1 OPT. My F1 visa (along with the OPT) got expired in July 2017 after ...
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58 views

Withholding Tax for Citizen of No Tax Treaty with US

I am a citizen and resident of Saudi Arabia, a country with no tax treaty with the US. I receive monthly royalties from Amazon as a designer in their print on demand platform (they sell t shirts of my ...
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25 views

NRA who has unearned income on Form 1042-S

I need to recover taxes reported on a Form 1042-S for my grandchildren who are non native, Native Americans. Under the Dual Tax Avoidance Agreement / treaty between Germany/USA, I submitted a W8-BEN ...
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119 views

How can I get the information why IRS doesn't want to give me an ITIN?

TL;DR: What are the venues we could take to understand why my friend’s ITIN application has been rejected and how do I finally get ITIN? Some Backstory: I am helping a friend from a non-visa-free ...
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Non Resident selling Canadian property tax implications

I understand the Federal Tax implications, but does the Non resident also pay provincial tax in which the property was sold or only federal tax and surcharge.
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88 views

Amex personal savings

I opened Amex personal savings when I lived in U.S. with U.S visa. But now I moved to Germany due to my job and no longer live in U.S. For TAX reason, Do I need to send W-8 BEN form to Amex national ...
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1answer
111 views

Options for non-US person outside US with 401(k)

This question is somewhat related to this one. I'm a non-US person (mid 30s) currently living and working in Europe. Previously, I lived and worked in the US (Massachusetts) for >3 years. In order to ...
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1answer
201 views

Paying tax in the UK for Fixed Deposit (Term Deposit) interest earned in India on NRE Account?

I am an Indian citizen (Indian domiciled via father's citizenship) currently residing in the UK. I intend to take up permanent residency in the UK when applicable but also continue to use my Indian ...
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45 views

Sale of property in India purchased earlier using US funds and repatriate now to US [duplicate]

I was Non Resident Indians, purchased property in India with funds earned in USA. The funds were transferred from my US account to my In-Laws Bank Account in India. I am now US Citizen. I am in the ...
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52 views

Can a US non-resident alien do tax-loss harvesting on capital gains and income? (183-day rule)

Context: I am a non-resident alien in the USA as a J1 scholar. After being present for 183 days in the USA, I must pay capital gains tax in the USA. My questions: i) can I reduce my ordinary USA ...
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1answer
140 views

I'm a resident of Monaco and my future wife is a US citizen and resident. Will I have tax obligations once married?

As my header explains, I'm concerned with the possible tax ramifications once married let alone being in a de facto relationship. For example, France is harsh when it comes to taxes. If she lived ...
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0answers
32 views

401(k) funds - taxes living abroad? [duplicate]

If you plan to retire overseas, are you going to be taxed from the US or from the country overseas? I was not able to find any rules that could answer that question for traditional 401k funds. I ...
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60 views

What advice do you have for a non-US resident with savings in the US?

I don't live in the US anymore and I'm not a US citizen, but have formerly worked in US and thus have savings in the US. I wanted to invest in a simple index fund, but can't find an option for non-US ...
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1answer
108 views

Can I live outside Canada and get paid into my Canadian bank account for freelance work?

I live outside Canada and have declared non-resident status to the CRA. I haven't declared income or paid taxes for the last 4 years, or even stepped foot in Canada for the same duration. I do have an ...
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1answer
49 views

non-resident: Shares trading in Australia

How can I trade shares in Australia while being a non-resident for tax purposes? Are their any special considerations just for not being in Australia?
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79 views

Will the IRS go after foreign countries' pension if you owe taxes?

I am a 70 year old retired Irish citizen living in Ireland. I did live in the USA. Unfortunately, I recently learned that I owe the IRS $15k in taxes from a 401k withdrawal. I own nothing in the USA ...
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1answer
35 views

How to contribute to my super account while a non-resident for tax purposes?

I'm an Australian who's residing overseas and I'm a non-resident for tax purposes who's sole source of income in Australian is interest on a savings account. I want to contribute to my super account ...
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70 views

Dividend tax for Non Resident Alien owning US domiciled international stocks ETF

What is the US dividend tax rate for a non-resident alien owning a US domiciled ETF holding non-US companies? Assume no tax treaty so the tax rate for the SPY ETF would be 30%. An example would be a ...
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45 views

Should I use 403b while filing 2555

I am a US citizen and have started a new job working at a US university. However, I live outside of the US and am considered domiciled permanently abroad (I have a "Bona Fide" residence outside of ...
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1answer
93 views

Can I contribute money to a Roth IRA in this non resident alien situation?

Here I have an interesting situation. I am a former American citizen, expatriated (non-covered). I still have my Roth IRA account. I earn money working for a UK company with a US parent, listed on the ...
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0answers
48 views

Receiving money in US for work performed overseas

I previously lived in the US on a work visa and so have a bank account there, but am now living overseas (with no tax residency status in the US). I am performing freelance contract work for a US ...
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3answers
386 views

How is a non-resident Sole Trader in Australia taxed on freelance work?

I am considering doing remote freelance work for an Australian business as a Sole Trader with an Australia Business Number (ABN). I am a non-resident in Australia. My question is: do I pay taxes on ...
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385 views

How do I fill in a W-8BEN for for sites such as Zazzle as an individual?

I have have some cash sitting (and growing) in a Zazzle.com account for a while. In order to have this cash paid to me as a U.K. citizen still living in the U.K., I need to submit a W-8BEN form. I ...
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58 views

US taxes if worked 3 months in US

I have stayed in the US (NY) from Feb 25 2016 to April 1 2017. I have fully paid the taxes for 2016 and filed the paperwork. For 2017, the taxes have been deducted from my salary. I need to file the ...
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1answer
662 views

Reactivate a dormant account with Bank of America as a nonresident

I am a French Citizen, I opened an account with Bank of America in 2009 that I used every year during my vacations, but I have not been to the US for 5 years so the account seems to be dormant. I ...
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1answer
104 views

Wealth Transfer Tax in UK

I am citizen of Turkey. If I transfer my savings to UK, do I need to pay taxes to UK over this wealth transfer? I am not a resident of UK and will not live there. Just want to transfer it to a safer ...
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2answers
879 views

In the UK is it illegal for banks to open current accounts for non-residents/tourists?

To phrase it another way, if a Singaporean tourist walks into a MetroBank or HSBC branch in London, would the bank be allowed by the FCA to open a current account (at the branch managers discretion ...
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1answer
162 views

How to invest money in the US for an alien friend?

I am looking for some advice on how I could accomplish this: Consider a Person A living in Europe, and having no US citizenship, visa or plans to ever travel there. I am being asked to invest A's ...