The immigrating Non Resident Alien must prepare for a tax life as a Resident Alien. This means taking advantage of all of the tax deductions and tax investment incentives offered by the U.S. Tax Code. It may actually mean leaving certain of the taxpayer’s foreign investments in place. This is also the subject of a separate article on the Taxation of Immigrating to the United States.
There is no CPE credit at this time.
I. Non Resident Alien vs Resident Alien – A Definition for Tax Purposes
II. The Resident Alien
Taxation on Worldwide Income
Similar to Taxation on U.S. Citizens
III. Resident Alien – Tax Residency in the United States
The Affect of Treaties
The Substantial Presence Test
The Closer connection Exception
IV. The Income Tax Residency Starting Date
Substantial Presence Test
Permanent Residency Test