Tag Archive for Gary Carter

Learn Your Residency Status For US Tax Purposes

Learn Your Residency Status For US Tax Purposes

Learn Your Residency Status For US Tax Purposes

A very smart TaxConnections Member, Gary Carter, PhD, MT, CPA created this valuable residency test for taxpayers. We want to bring it to your attention as knowing your status for US Residency regarding US tax filings is very important.

You need to learn your residency status for US tax purposes so you know what tax forms to use, right? Well, you have come to precisely the right place! Below is a series of questions designed to tell you exactly what your residency status is for tax purposes in the United States, and what forms you should use to file your tax return. You can determine your status for any calendar year from 2013 to 2021.

Your residency status for tax purposes is different than your immigration status. The correct answer to each question is critical, so be sure to read each question carefully. If you select the wrong answer, simply refresh the page and start again.

Go to this link to take the US Residency Test. Your name and identity is not collected so we love the test!

Another great resource for information for expatriates is go to the TaxConnections Blog Page; Scroll down the page and look on the right side column until you see the Search Feature. Type in Gary Carter and all his content will come up and provide expatriates with highly valuable free advice on a wide range of  tax issues.

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US Tax Guide For Foreign Nationals Working Or Investing In The United States

US Tax Guide For Foreign Nationals Working Or Investing In The United States

This guide is dedicated to helping you comply with US tax laws if you are a foreign national (resident or nonresident alien) working or investing in the US.  We take you through the substantial presence test and show you how to determine your US tax resident status. Regardless of your visa status, you will learn about the US resident tests for tax purposes, which are different than for immigration purposes.

If you are a nonresident alien, investing in US real estate or other US business activities from your home country, we give you an overview of deductions and credits available on Form 1040NR. We explain your tax filing options. For example, in the year of arrival, you might qualifiy for a dual status, resident or nonresident tax return.

You will also learn the more complex tax rules that apply if you are an F1 or J1 visa holder. Then we give you an overview of tax treaty benefits, which are particularly useful for F1 and J1 visa holders. Finally, you will learn about ITIN requirements, state tax requirements and social security and Medicare tax withholding rules.

For most Americans, completing their tax return is a confusing and frustrating exercise. We can only imagine how ominous the task must seem for you, a foreign visitor. Hopefully the information you find here will make the job easier.

Form 1040NR Filing Requirements

Who Needs to File a US Tax Return?

 

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United States Tax Guide For Foreign Nationals

United States Tax Guide For Foreign Nationals

This guide is dedicated to helping you comply with US tax laws if you are a foreign national (resident or nonresident alien) working or investing in the US.  We take you through the substantial presence test and show you how to determine your US tax resident status. Whether you are an H1b, L1, O1, or other non-immigrant visa holder, you will learn about the US resident tests for tax purposes, which are different than for immigration purposes.

If you are a nonresident alien, investing in US real estate or other US business activities from your home country, we give you an overview of deductions and credits available on Form 1040NR, with plenty of additional resources provided. We explain your tax filing options on a dual status or resident tax return if you have obtained permanent resident (green card) status.

You will also learn the more complex tax rules that apply if you are an F1 or J1 visa holder. Then we give you an overview of tax treaty benefits, which are particularly useful for F1 and J1 visa holders. Finally, you will learn about ITIN requirements, state tax requirements and social security and Medicare tax withholding rules. For most Americans, completing their tax return is a confusing and frustrating exercise. We can only imagine how ominous the task must seem for you, a foreign visitor. Hopefully the information you find here will make the job easier.

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