Who Needs To File Form 1040NR – Nonresident Alien Tax Return?

It’s crucial for nonresident aliens to understand U.S. tax obligations, which come along with “U.S.-sourced income”: investments or employment in the U.S, and when they have an obligation to file Form 1040NR. As many nonresidents aren’t familiar with the U.S. tax system, they fail to file a tax return. It may lead to a variety of consequences. But on a positive note, you could receive a refund if you file a tax return on time. What if you are a U.S. citizen or Green Card holder with U.S. investment but ready to give up your citizenship/green card? In case you consider going this route, you need to be aware of your tax obligations changes.

Who should file form 1040NR and who is a Non-resident Alien?

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