Non-Resident Alien Taxation
For non-U.S. resident business owners and partners who in fact run a business in the U.S., taxation might raise as a major question. Since taxation is one of many indicators whether the investment in the U.S. is worthwhile, it is essential to understand how the U.S. taxation system approaches non-resident aliens. It is again worth noting that particularities, such as taxation, would definitely affect your existing or would-be investments whether in the amount or development.
The point is that if a non-U.S. resident meets certain criteria, such a person might be liable for certain taxation obligations. Filing tax returns, specifically Form 1040NR, is one of the foremost of such obligations. Please find Form 1040NR here.
– A non-U.S. resident alien engaged in a trade or business in the U.S. during the year.
– A non-U.S. resident alien who has generated income generated within the U.S in certain circumstances.
Income that is subject to tax could be categorized into two:
– Income that is result of a trade or business in the U.S.
– Any U.S.-sourced income that is considered FDAP. Please contact us if you have further questions on FDAP.
Benefits of Filing
– Necessary to claim a refund of over withheld or overpaid tax,
– Necessary claim the benefit of any deductions or credits.
If you have pre-sales questions, Call us + 1 302 310 21 76 (You can also text on WhatsApp!)