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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How do I get over-withheld tax from 2017-2022 back as an non-resident alien?

I’ve worked as a freelancer from Europe with an American art agency for years and still get some royalties. In 2017 they suddenly changed the tax withholding from 0% to 10% this was not correct but I ...
Jaime 's user avatar
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Do I need to file form 5472?

I own 100% of a US based LLC, in Wyoming, and I am a non-resident of the United States. I want to know if I need to file form 5472 even though my company had no transactions whatsoever. I paid a third ...
Vegas's user avatar
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Can my friend transfer from his Indian NRE account to my NRE account?

Me and my friend live in Mexico. He has borrowed some money from me in Mexico Currency. Now he wants to return that money in India Currency. So just wanted to check is it possible if he can transfer ...
Deepak Yadav's user avatar
-2 votes
2 answers
198 views

How to mitigate risk of having cash with you when abroad?

Usually I always travel with a minimum amount of cash, and I'm trying to figure out how to minimise risks for when I end up travelling with more cash than usual (cash which I don't need for the rest ...
berdario's user avatar
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Is filing taxes necesssary for a non-resident alien working remotely from abroad

This question is for a cousin of mine, who is a citizen of the UAE. In January 2019, she went to the US (Washington State) for her master's studies. She has a US SSN which she got for some on-campus ...
adrija's user avatar
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Taxes Related to CD with Primary and Secondary Account Holder

I visited a Bank of America branch and the representative told me that I can open a Certificate of Deposit account with them and have my mother, a nonresident alien, be the primary account holder ...
kd8's user avatar
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Is holding US stocks through a US broker enough to have to report to US taxes

I was never a US resident and I don't have a citizenship or green card. However, I would like to invest via an American broker, simply because they have the best commissions. I am not sure which US ...
john goodheart's user avatar
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Non Resident Alien with a W2 and a 1099B - What are the obligations here?

I worked in the United States between the 1st of January 2023 and April 15th 2023. In addition to salary I had some RSUs and my company would sell some of the RSUs to cover tax obligations. The broker ...
ggy's user avatar
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Can I buy I-bonds with my tax refund, as a non-resident?

I want to own American I bonds, but I'm not a US citizen/resident so I don't have a SSN (I live in Canada). As such, I can't just create a TreasuryDirect account and buy I bonds there. Here's my plan: ...
iter's user avatar
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Can I cash out my 403b any time after I leave the country?

I'm British and will be moving back to the UK soon. My current employer pays into my 403b. When I leave I'll probably take it with me, although I accept this will come with penalties and taxes. I was ...
GeoMonkey's user avatar
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Tax obligations for deemed non-residents in Canada

I live (and I'm resident) in a European country (Austria, that has a tax agreement with Canada) and spent 8 months in Canada last year (2022) due to a research stay (I worked on my Master Thesis in a ...
pcalc's user avatar
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Nonresident alien -- Tax filing and late payments for class action settlement

I am a non-resident alien having lived in the USA in 2015-2021. I just found out I'd received a class action settlement for almost $400 back in May 2022. (The funds were deposited into my PayPal ...
mermolaeva's user avatar
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1 answer
101 views

Roth Conversion using up foreign tax credits before and after expatriation

I'd like to sense-check the following scenario, to make sure I don't do something phenomenally stupid and irreversible. I'm hoping that I've correctly understood what I've read on this site & ...
ckp's user avatar
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1 answer
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Move out of and back into New York State in the same calendar year

On January 1, 2023 I was a resident of New York State. In the middle of the year I moved out of New York State to work for my employer physically in a different state. I abandoned my New York State ...
nys-in-n-out's user avatar
6 votes
2 answers
819 views

tax filing obligations for class action settlement income of under 10$ (non-resident alien)

I am a non-resident alien having lived in the USA 2017-2019. I received today by postal mail a check for less then $10 due to some class action settlement I had no idea about (apparently my bank ...
Marcus Junius Brutus's user avatar
1 vote
0 answers
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Tax obligation for money transfer to France for non French residents

My wife and I are both US citizens and live in the US. My wife is also French citizen. We have a joint account held in a French bank. We also own an apartment in France that we never lived in (it is ...
Ady's user avatar
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J1 visa two year exemption rule

I have been granted a fellowship for a postdoctoral position at a university in the USA starting from September 2023 and with two years duration. The fellowship is from a non-profit European ...
user122753's user avatar
4 votes
1 answer
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How does moving overseas affect UK state pension and can you continue paying into it from abroad?

I am currently employed in the UK and am paying into the state pension. I am looking at moving to New Zealand on the young people's working holiday visa for up to 3 years, which is being extended to ...
fortunia88's user avatar
2 votes
1 answer
48 views

Filing a nonresident return when married

A married couple has to file a US federal return as nonresidents aliens (they are not US-persons). They have a US joint bank account, one of them has a high-income job and the other is unemployed and ...
ChronoTrigger's user avatar
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1 answer
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US rollover IRA for non-resident alien

I am not a US citizen, and I am currently not resident in the US. I lived and worked in the US between 2014 and 2016 and I have a 401(k) from that time. The 401(k) plan is being terminated and I am ...
Tom's user avatar
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Can I buy bonds from TreasuryDirect if I claim to be a non-resident when filing my taxes?

I am international student on F1 visa in the US, and been here for almost four years Generally, when I file my taxes, I claim to be a non-resident alien. Generally, a person who spends most of their ...
Artur Sanhá's user avatar
1 vote
1 answer
214 views

Can a foreign national maintain an Indian PPF account after giving up Indian nationality?

I have an enquiry about the PPF system. If an Indian citizen, having a Public Provident Fund (PPF) account with an indian bank, plans to give up his/her Indian citizenship before the maturity period ...
Swatantra Kumar's user avatar
2 votes
1 answer
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UK - Money Claim Online for Non-Resident

My (non-UK) client (UK) hasn't paid me for over 2 years now. We connected via famous freelancing platform, but they don't help. There's no debate over my right in the money, but back then when I had ...
OldEgyptian's user avatar
1 vote
1 answer
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How does a non resident alien report income & dividends from a K1?

I had bought some USO via Robinhood who have a W8BEN on file and now I have received a K1. The K1 reports an interest income of $9. Is this ECI? Can I just put it in line 2b in the 1040NR? My ...
ggy's user avatar
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1 vote
1 answer
108 views

US taxes Filling in W9 form as a non-resident electing to be taxed as resident

My wife worked in the US in 2022 as an independent contractor on F1-OPT status. She was recently asked by her client to fill in a W9 form. The W9 form specifies that it is for US citizens, or US ...
Sam's user avatar
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1 vote
1 answer
29 views

US inheritance tax on Irish index fund held by non-US resident via US broker?

I am a non-US resident who has an account with a US-based broker. I have invested in an Irish-based index fund that tracks the S&P 500. I'm concerned about my children having to pay inheritance ...
Yuval Atzmon's user avatar
1 vote
1 answer
91 views

Can I receive APTC if I am on F1?

Last year I used the marketplace (healthcare.gov) to get health insurance for myself (F1) and my dependents (F2). Based on the information and documents I provided, they found me eligible and gave my ...
Mohammad Hassany's user avatar
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0 answers
53 views

Canada & Capital Gains Tax: Common Stocks

Is there a Capital Gains Tax in Canada when you gain profit by selling Common Stocks traded at the Canadian exchanges: TSX, TSXV, CSE, or NEO? Providing I am not a Canadian citizen or tax resident! I ...
NeroTrade777's user avatar
2 votes
1 answer
118 views

What should I do with 401K and HSA to avoid cashing out penalty if I leave the US?

I'm a foreigner working in the US. I know if I don't work or reside in the US anymore, I can roll over to my country's accounts or cash out. But cashing out is subjected to a penalty, so of course I ...
Lacie's user avatar
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0 answers
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Am I a UK Resident based on Statutory Residence Test?

I was residing in the UK from 6 April 2021 till 6 August 2021 and then moved to my home country. Whilst living in the UK, I was Renting an apartment I lived in the UK for 3+ years prior to the move ...
Divya C's user avatar
0 votes
1 answer
64 views

What is a Non-resident alien?

I left the US 3 years ago. Now I only occasionally visit the US for short visits. Am I still a non-resident alien? I googled online and only found its definition in an "everything else" ...
Code42's user avatar
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0 votes
1 answer
389 views

Can a green card holder continue to legally maintain and use an existing NRE account?

I am an Indian citizen in US and used to have non immigrant visa and recently got green card. I already have a NRE account. Can a green card holder continue to legally maintain and use an existing NRE ...
Hum's user avatar
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-1 votes
1 answer
59 views

Would foreign stocks held in a US brokerage account by a nonresident alien be subject to US estate taxes?

Suppose a non-resident alien investor has a US brokerage account at a US stock brokerage firm that has access to many foreign stock markets. The investor uses the US brokerage account to buy shares of ...
Flux's user avatar
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0 votes
1 answer
44 views

Do foreigners pay taxes on dividends from Canadian listed ETFs?

A non-citizen, non-resident of Canada bought some shares of the Vanguard FTSE Developed All Cap ex U.S. Index ETF, which is listed on the Toronto Stock Exchange (ticker: VDU). When the ETF pays out ...
Flux's user avatar
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0 votes
1 answer
140 views

Capital Loss Carryover from Resident status to Non-Resident Status?

In my last year as a US resident I had a short-term capital loss carryover of about $10,000. In the subsequent year I became a non-resident alien. Am I right that this vaporized (make useless) my ...
user2297550's user avatar
0 votes
1 answer
67 views

International student in the USA reselling in europe

I am a student studying in the USA and have a study visa. I have a business in Germany with a partner of mine. What i'm wondering is, if there are problems with my visa or if I risk something if i buy ...
MarcoDJ01's user avatar
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2 votes
2 answers
119 views

What income taxes should I pay if the paid job is done before becoming tax resident and money paid after?

I'm moving to the US in 2 weeks. I'm a Polish independent contractor working with US clients. I expect to obtain work permit within 30 days after arrival. I do understand the taxation for the US tax ...
stkvtflw's user avatar
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0 answers
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Investing in US and UK stocks through a foreign partnership

I am a partner in a partnership that I originally set up with a cousin to gain hands-on financial literacy by running a small web store with a physical collection point in the nearest town. Two other ...
Flux's user avatar
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1 vote
0 answers
123 views

Is it possible for a non US resident to have a bank account in the US? [closed]

Even though I am not an US citizen and I don't live in the US, I was able (a few years ago) to open a bank account in Wells Fargo without having any proof of US residency. They recently started ...
johnny castaway's user avatar
0 votes
1 answer
115 views

Tax liability for non-US person living outside of the US for US-source income

My situation is as follows: In 2017 I've received an ~$18k income from US sources while living in Ireland (also I'm not a US citizen and was not a US resident at that time). I have moved to US since (...
Stvad's user avatar
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0 votes
1 answer
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How do I report stock dividends for US nonresident taxes on my income tax return?

Foreigner filing U.S. taxes with form 1040-NR. I own stock of a U.S. company in a foreign brokerage account and had U.S. tax withheld from dividends based on form W-8 BEN. How do I report this income ...
non001001's user avatar
0 votes
0 answers
393 views

can nonresident alien (NRA) stock loss carryover/be calculated as cost basis?

I am a nonresident alien NRA in California. I am an ordinary employee in a tech company, that's my job. I have no business. Aside from my job I trade stock by myself. So if I have capital gain, my tax ...
Quaffett's user avatar
0 votes
1 answer
58 views

International Non-Resident Spouse CA Tax Filing and Community Income

Indian citizen working and living in California since 2019 and considered a CA resident for tax purposes. Got married in Nov 2021 to my wife who lives in India. She did not join me in the US in 2021 ...
Kevin's user avatar
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1 vote
0 answers
16 views

Does non-taxable, international organization wage count as "Earned Income" on 2441 line 5?

I am a US resident married to a non-citizen G4 visa holder employed at the United Nations. My wife made the election to be treated as a tax resident (6013G) last year and we filed with no issues . We ...
arsene's user avatar
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2 votes
1 answer
214 views

Remote work. Company in IL, I am a resident of Washington

I am domiciled in Washington for the entire year. My employer is IL based, and does not have an office in Washington. Similar to Remote work. Live in one state, company in another state. tax ...
Karl Jiang's user avatar
2 votes
1 answer
125 views

US resident filing a joint return with spouse who is non-resident

I am currently a H1B visa holder, and have been a resident (for tax purposes) for the last few years. I got married in Dec 2021, and my wife (who will be traveling to the US soon on an H4 visa for the ...
HighVoltage's user avatar
0 votes
1 answer
189 views

Taxes on "Joint Tenants with Rights of Survivorship" stock brokerage account upon death of non-resident alien

Suppose two US non-resident aliens (parent and grown child) open a "Joint Tenants with Rights of Survivorship" stock brokerage account. When one of the account owners dies, does the other ...
Flux's user avatar
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0 votes
0 answers
45 views

Moved from NY to Florida; do we owe NY State Tax? [duplicate]

We moved from New York to Florida in late June 2021. Bought a house here in May, sold our old house in August. I'm retired; wife works remotely (per diem) for NY firm that took out state income tax (...
donsmythe's user avatar
0 votes
1 answer
103 views

Closer Connection Exception to the Substantial Presence Test for Foreign Students while on F1-OPT?

I've been in the US as non-resident and resident. 2014 - F1 - NR 2015 - F1 - NR 2016 - F1 - NR 2017 - F1 - NR 2018 - F1-OPT - R (filled 1040) 2019 - F1-OPT - R (filled 1040) 2020 - F1-OPT - R (filled ...
asselinpaul's user avatar
2 votes
2 answers
139 views

How much is tax exemption if I retire in a foreign country like Taiwan?

I heard that some time ago, there was like a US$70,000 tax exemption if I live in Hong Kong, and that first $70k income is not subject to US taxes. However, let's say if I actually retire and live in ...
Stefanie Gauss's user avatar

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