Are You An American For Tax Purposes?

The U.S. law has different classifications of who and what is considered to be an American(officially, a U.S. person) for tax purposes and it’s important to check if you fall into any of the categories below, hence obliged to report your worldwide income to Uncle Sam.

The Official Term Is “United States Person” And It Includes:

1. A U.S. citizen by birth:

  • You were born in the United States
  • You were born outside of the United States with at least 1 parent who is a U.S. citizen*

2. A resident alien of the United States if you meet one of the two tests:

  • A Green Card test
  • The substantial presence test for the calendar year

Read More