Questions tagged [tax-residency]
The tax-residency tag has no usage guidance.
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Non-resident for UK tax for years, ~£2000/yr UK bank interest, should I have reported to HMRC somehow?
Summary: I am a UK citizen but not UK tax resident, I earn £2,000 a year in interest from UK bank accounts, (and foreign income), do I need to submit a self-assessment to HMRC? Did I need to before ...
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Does it matter where I'm buying stocks, or only where I'm selling them? (from tax perspective)
I'm a Polish citizen but I live in Thailand since a few years, and currently I have tax residency only in Thailand. I've been buying some S&P 500 stocks here on an international stock exchange, ...
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International Student in Canada who interned for 8mo in US - which country am I a tax resident of?
I have a bit of a strange tax residency situation:
I am a Citizen of India, but spent 0 days in India in 2023.
I am an international student in Canada, and spent 4 months of 2023 in Canada (studying ...
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67
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How do I determine the residence for tax treaty benefits on W8-BEN form?
I am an Indian citizen currently working as a researcher on an H1-B visa in the US. Prior to that (Jan 12,2023-October 31, 2023), I was a resident in Canada and will be considered a resident for tax ...
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What exactly are you taxed on as a US resident vs US non-resident? Is this guide correct?
Tax Guide
During the period of time that an individual is considered a US-resident for tax purposes:
All worldwide income is taxed by the IRS at the normal rates. (e.g. basically any source of income ...
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Potential EU Tax Residency and Ownership of US ETFs
I'm currently considering the possibility of obtaining EU tax residency in the future, and I'm aware of the restrictions that EU tax residents face when it comes to purchasing US-based ETFs due to ...
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How is tax residency divided between the US and Canada on the day of arrival/departure?
Suppose an individual who is a resident of the United States has resided and worked within the country from January 1st until May 15th. On the morning of May 15th, they travel to Canada and, in the ...
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Can I choose to be a resident alien tax purposes in the USA and waive my tax treaty rights?
I've recently arrived in California under a J-1 visa from Spain. Most people under these visas file as an non-resident for tax purposes in the US. My understanding is this means means they are paid ...
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HMRC and belatedly declaring tax residency status
Prior to 2018 I was a director in a small business, and as such I submitted my UK tax returns via Self Assessment - the taxes were always straight forward, so I always did them myself without concern.
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What income taxes should I pay if the paid job is done before becoming tax resident and money paid after?
I'm moving to the US in 2 weeks. I'm a Polish independent contractor working with US clients. I expect to obtain work permit within 30 days after arrival.
I do understand the taxation for the US tax ...
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Am I French Tax Resident?
I moved to London from Paris in March 2021 while my wife and son are still in Paris. I was assuming that I am a UK resident for tax purposes till I came across "the definition of 'domicile fiscal'...
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Germany - How are Acc ETFs taxed after the first year of investing? (confused about how I can apply the calculation formula)
I just started investing in 2021 and upon reading how to calculate the tax I owe for my accumulating ETF, I realised I don't know how to apply the explanations found on the Internet to my situation.
...
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462
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Brokerage Account and Non-Domiciled Status in UK
I have recently moved to the UK and want to move my IBKR Ireland account that was linked to my previous French residence status. The UK allows those with non-UK domicile to keep their worldwide income ...
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What is the penalty, if any, for mistakenly paying US federal taxes as US tax resident instead of a non-US tax resident?
Determining the US tax residency can be slightly tricky and as a result I wonder what the penalty is, if any, for mistakenly paying US federal taxes as US tax resident instead of a non-US tax resident....
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Which state income taxes apply on executor income (executor resident state, or state in which probate occurs)?
I am a beneficiary and executor of estates of two relatives that died in WV. I reside in another state, which also has state income taxes.
Do I claim the executor income in my state of residence? or ...
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US - Non-resident for tax purposes married before 31st December
I am a non-resident for tax purposes for 2020. I had 1 allowance set in my W4 throughout the year. I got married before 31st December of 2020. My spouse accompanied me to the US in the following year(...
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Resident Alien but outside of US most of 2020 because of Covid-19
I have been a resident alien for the US for tax purposes between 2016-2019. In 2020, I was in the US only for 15 days and have been in India for most of 2020 because of Covid-19 and working from home ...
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Question related to my and wife's US resident alien status, required for USA ITR filling
I joined USA with H1B visa starting from 15th Feb 2020 whereas my wife joined me on H4 Visa starting from 8th Aug 2020. So in this case I am a Resident alien but what would be the case for my wife? ...
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Eligibility for stimulus payments
In 2020 I became a resident for tax purposes via the substantial presence test. I also got married in 2020. My wife is from Canada, moved to the US mid to late 2020, but has not yet passed the ...
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European consultant: living and working in the USA, employed in Canada
I am from Europe and a consultant employed by a Canadian University, but I live in the USA (I moved to the USA as my husband received a J1 visa). So now I am trying to figure out where to pay taxed? ...
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UK Self-Employed Income Support Scheme (SEISS) eligibility
Will the fact that I have not been in the UK since 26th of June affect my eligibility for the third and fourth SEISS grants?
My situation:
I have been unable to work due to COVID since March.
I have ...
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I plan on working for a US company from abroad for three months. Do I need a US address at this time to remain a tax resident of my state?
I am considering spending three months abroad while working remotely. While I plan on returning to my current state (New Jersey), I do not want to continue to pay rent when I'm not here, which means I ...
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F1 OPT, marriage to Canadian citizen, FICA taxes and tax filing status
This year is a complicated one for me for tax purposes. I've been in the US since mid 2015, with F1 status. I currently still have F1 status, with OPT.
If I've understood everything correctly, I ...
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66
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Can one be a California tax resident while not being a US tax resident?
I read on Page 4 of FTB Pub. 1031 2019 (mirror) (I italicized the important passages):
[Section E:] Who Are Residents and Nonresidents
A resident is any individual who meets any of the following:
...
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Is an individual who hasn't been in California in 2019 but is domiciled in California throughout 2019 a California tax resident?
I read on Page 4 of FTB Pub. 1031 2019 (mirror) (I italicized the important passages):
[Section E:] Who Are Residents and Nonresidents
A resident is any individual who meets any of the following:
...
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0
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Form 2555 (Foreign earned income exclusion)
I am filing my 2019 US tax returns as resident alien, but during the later part of 2019, I paid taxes in India on Indian income. Should I fill out Form 2555 to claim foreign earned income exclusion?
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Canada: province of residence on December 31 for emigrants
Page 1 of the Canadian T1 asks, "Enter your province or territory of residence on December 31, 2019." If I emigrated from Canada during 2019, what do I enter, and why? Specifically, are there ...
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Publication 523 - "residency" on "Gain Exclusions" selling primary residence
Part of the Publication 523 from the IRS guides on Capitol Gains states the following:
"If you were ever away from home, you need to determine whether that time counts towards your residence ...
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Where is the fiscal resident of international students receiving scholarship
I am a citizen of Turkey, and I am studying in Germany while receiving a scholarship from the German government.
Where is my fiscal residence?, i.e where is my tax-residency?
Edit:
I have no other ...
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When flying to and from the United States, from/until what time does it count as days of presence from an IRS tax residence standpoint?
When flying to and from the United States, from/until what time does it count as days of presence from an IRS tax residence standpoint?
For example, if my plane entered the US airspace at 20:00 on ...
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