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.

108 questions with no upvoted or accepted answers
Filter by
Sorted by
Tagged with
5 votes
0 answers
134 views

I just mailed my 2020 federal tax return with my NRA spouse's SSN left blank. What outcome should I expect & what course of action should I take?

I am a US citizen living in the UK with my British husband. I file my taxes as married filing separately and my husband is not required to file with the US so has no SSN or TIN. I sealed up and mailed ...
user avatar
4 votes
1 answer
149 views

401K balance while in foreign company branch

I have transferred from a US company to a branch in home country. I'm paid through local country payroll and have no ties with US or the US branch payroll any longer. When I requested a distribution ...
user avatar
  • 71
4 votes
0 answers
178 views

Questions on retirement saving plans for non-resident aliens

I am a German citizen that started working as a postdoctoral researcher at a University in the U.S., being on a J1 visa. Part of my benefits package includes an employer match that I can make use of ...
user avatar
  • 41
3 votes
0 answers
294 views

Would cash held in a US brokerage account by a non-resident alien be subject to US estate tax?

According to the IRS page, it seems like the answer is a no, as cash is neither US real estate, tangible property or securities of US companies. U.S.-situated assets include American real estate, ...
user avatar
3 votes
0 answers
179 views

Can a non-resident Canadian citizen working in USA maintain a margin account in Canada?

I am a non-resident Canadian living and working in USA. Can I maintain a margin account for stocks trading in Canada?
user avatar
  • 31
3 votes
0 answers
76 views

Tax return on income less than 8000 USD from royalties

I am a U.S. Nonresident Alien (graduate student in Seattle, WA). I am married, but my wife is not in US. In 2018, I earned ~8,000 USD in royalties. That's my total US earnings for 2018. I have not ...
user avatar
  • 31
3 votes
0 answers
156 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 ...
user avatar
3 votes
0 answers
70 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 ...
user avatar
3 votes
0 answers
94 views

Can I file for federal tax returns for the year 2016 from India?

I was working in US in 2016 while on a project but now I am in India. How do I file for tax returns from India for 2016? I tried e filing through an agent last year but I provided my US postal ...
user avatar
  • 31
3 votes
0 answers
110 views

Moving between countries at the middle of Tax year to reduce progressive tax impact?

Soon I will be relocating from US (H1B visa) to UK. I am not a citizen of these two countries. Since both of these two countries have progressive tax system I have come to conclusion that it would be ...
user avatar
  • 637
2 votes
0 answers
162 views

I'm a nonresident alien who won and claimed a $50 giveaway through the internet before I realized this could give me a headache, please help

This might be a silly question but: I think I'm not obliged to file a tax report since my income from a U.S. source is only $50 (please correct me if I'm wrong). But what about paying the actual tax (...
user avatar
  • 21
2 votes
0 answers
44 views

Savings account in UK but working and living in the EU

Is there any reason not to have a bank or savings account in the UK even though I live and work in Germany? I'm a UK citizen. Is the tax situation awkward if the savings account earns interest?
user avatar
2 votes
0 answers
37 views

Do non-resident aliens have to pay US taxes on dividends from ADRs?

If a US non-resident alien owns some shares of an ADR that pays dividends, does the US government collect any tax on those dividends? I understand that, for non-resident aliens, there is a 30% tax on ...
user avatar
  • 15.1k
2 votes
0 answers
51 views

Is Foreign Income taxable In India

I was abroad from 2 years(so NRI currently), Now returned to India in April and working for Portuguese company individually and they need me to send invoices monthly for the payment. Now this company ...
user avatar
  • 121
2 votes
0 answers
51 views

Does IRC §871(i) (no tax on deposit interest for non-residents) apply to interest paid by the IRS on delayed refunds?

Internal Revenue Code §871(i)(3) basically says that "deposit interest" on a deposit in a US bank is not taxable for US non-resident aliens. The IRS pays interest on delayed refunds and ...
user avatar
  • 121
2 votes
0 answers
37 views

Does federal tax residency affects State residency status?

I am a resident alien for tax purposes. I have SSN. My wife arrived in USA for the first time on 6/26/2019. She cannot have SSN. She got ITIN. For 2019, we filed joint tax return. As required, we ...
user avatar
  • 87
2 votes
0 answers
2k views

Robinhood and W8BEN for Non-US residents

I have an account with Robinhood which I opened when I was in the US and never traded on the platform. I did some trades this year. I am now an Indian resident for the entire year and forgot to close ...
user avatar
  • 21
2 votes
0 answers
18 views

US tax requirement for non-resident non-citizen receiving donations from US non-profit

My wife and I do volunteer charity work in a third-world country. We are not US citizens or residents, however we have recently partnered with a US-based non-profit 501(c)(3) organisation who are set ...
user avatar
2 votes
1 answer
66 views

Tax implications of the interest earned in India

I have some questions regarding tax implications of the income in India from the following sources. NRE Account (FD and Savings) NRO Account (FD and Savings) Mutual Funds Interest in NRE account is ...
user avatar
2 votes
0 answers
116 views

AMT ISO deferrals for nonimmigrant. Sold shares after leaving US

I lived in the US from 2013 and 2016 on an E-3 nonimmigrant visa. As part of my full-time employment contract, I was granted ISO shares in a pre-IPO company. I exercised most of the vested shares in ...
user avatar
  • 21
2 votes
1 answer
166 views

Indian taxation on after-tax retirement accounts such as Roth

How does India tax US after-tax retirement accounts such as the Roth IRA for a person who is a US non-resident for tax purposes starting age 59.5?
user avatar
  • 1,034
2 votes
0 answers
200 views

is a US brokerage account for non-resident considered to be a US situs asset?

Assume a person that's not domiciled in the US. That person has a US brokerage / trading account (say in Fidelity or Charles Schwab) that holds shares of various listed companies (both US-based and ...
user avatar
2 votes
0 answers
83 views

Forced to file W-9 even not passing Substantial Presence Test

I just moved to the US in September. Because I receive salary in the US, have a US address and US driver's license and everything, Fidelity, where I have a company stock plan account, my bank, and my ...
user avatar
  • 143
2 votes
0 answers
343 views

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 ...
user avatar
  • 289
2 votes
0 answers
58 views

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 ...
user avatar
2 votes
0 answers
38 views

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 ...
user avatar
2 votes
0 answers
37 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 ...
user avatar
2 votes
0 answers
57 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 ...
user avatar
2 votes
0 answers
95 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 ...
user avatar
  • 151
2 votes
0 answers
86 views

FBAR reporting for 2017

I'm an American living overseas with a foreign bank account. My bank account was nearing USD50000 so I withdrew 30000 to open another bank account. Therefore I have one bank account with 30000 and ...
user avatar
2 votes
0 answers
971 views

I live in Texas and remotely work for a New Jersey company. Do I need pay NJ state tax?

I did a bit research, but am still confused. TX does not collect state tax, but NJ does. Say I have only one wage (just to simplify my case), which comes from a NJ-based company for which I remotely ...
user avatar
  • 121
2 votes
0 answers
117 views

Tax implications of U.S. company granting non-qualified stock options (NSO) to a non-resident?

I am a non-resident individual outside USA who has been granted a NSO stock option in a US start-up. I have an early access option on 10000 shares that vest until 2021. I am trying to understand if ...
user avatar
  • 21
2 votes
0 answers
418 views

Tax rates when C-Corporation pays salary to the owner who is non-US resident & non-US citizen

I am non-US resident and non-US citizen (i.e. NRA, nonresident alien). I would like to open C-Corporation in Florida. I would be the only owner and shareholder of the C-Corp. I know what are the ...
user avatar
  • 21
2 votes
0 answers
23 views

Any DTC Registered Brokers for Indian trying to exchange restricted units to ordinary shares?

I am an ex-Broadcom (BRCM) employee laid off during 2014 Aug before it is sold to another company Avago. During my tenure at that company I received some RSU s which were converted to restricted units ...
user avatar
  • 121
2 votes
0 answers
156 views

Rental income and mortgage interest deduction for married non resident alien

My wife and I acquired a property in the US in 2016 with a US mortgage. We started renting it that year and have been managing it ourselves since then (no rental management company). We are both ...
user avatar
  • 179
2 votes
0 answers
161 views

What are the requirements to set up a Deutsche Bank account?

I'm 17 and would like to move to Germany when I graduate high school in the US to study there. I will be visiting friends in Berlin this Christmas to scout out universities and possible living ...
user avatar
2 votes
0 answers
42 views

Can S-corp have foreign national employee located overseas and give them a 401k?

I have two contractors located overseas. They are not US citizens. I have been paying them per job but want to make them permanent employees with some of those benefits such as access to a matched 401(...
user avatar
2 votes
0 answers
81 views

Taxes on Federal Pension in Puerto Rico Non-Resident?

I'm a federal retiree with a federal pension and I'm a resident of Texas. I'm only taxed federally on my pension, as Texas does not have a state tax. I have been offered a year contract in Puerto ...
user avatar
2 votes
0 answers
119 views

First-Year Option and exempt individual for part of the year

I moved to the US in Aug 2015 in G-4 status. I received a work permit (EAD) and have since worked for a US employer. My wife took another job, so I applied for an O-1 visa to continue working and I've ...
user avatar
  • 121
2 votes
0 answers
51 views

Working overseas - Paid locally or USA?

I will be working in Indonesia but for an American company. They can pay me directly in Indonesia or in USA. I asked if they can split my salary between two payments (part to USA, part to Indonesia) ...
user avatar
  • 21
2 votes
0 answers
134 views

What happens to debt to SSA after death?

A woman in another country was married to her late husband. She notified about his death right away but SSA kept sending money from his Social Security benefits. She thought that everything was in ...
user avatar
  • 121
2 votes
0 answers
582 views

Capital gains tax from selling Canadian property for Canadian non-resident

Case: Capital Gain Tax Implications for House in Toronto, ON Purchase value of House in 2000: $230,000 Potential Sale value in 2015: $650,000 Joint-owners: David & Rebecca, married and both are ...
user avatar
2 votes
0 answers
118 views

Where do I have to pay taxes?

I'm a Canadian citizen doing a rotational program with an international company based in UK. I'm paid by the American holdings office, and I was living and working in California between September '14 ...
user avatar
  • 21
2 votes
0 answers
163 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 ...
user avatar
  • 21
2 votes
0 answers
8k views

Sample of first-year choice statement to be treated as dual-status alien

I am going to make a first-year choice to be treated as dual-status alien for year 2013. Publication 519 says that to make the choice: You must attach a statement to Form 1040 to make the first-...
user avatar
2 votes
0 answers
86 views

capital gains on oversea property for non-resident of Canada

I live overseas in Belize and have for over 5 years and other than my Canadian Passport I have no other ties to Canada. I'm considering selling my house in Belize and with the proceeds from the sale ...
user avatar
2 votes
1 answer
74 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 ...
user avatar
1 vote
0 answers
15 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 ...
user avatar
  • 101
1 vote
0 answers
29 views

File Dual Status tax with one W-2

I worked for a US company for the whole year but only became resident alien in May. How should I file tax as dual status? Should I split the amount on W2 between 1040 and 1040-NR, and then attach a ...
user avatar
1 vote
0 answers
58 views

How much of a bond ETF's dividends are tax-free for US non-resident aliens?

Normally, for US non-resident aliens, the withholding tax on dividends is 30%. However, dividends that qualify as "portfolio interest" are not taxed (i.e 0% tax). When a US domiciled bond ...
user avatar
  • 15.1k