Posts filed under the Nonresidents category.

State Residency for state tax purpose–It is not a “to be not to be” issue.

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Why is your residency important?

Similar to the federal income tax, a state in the United States may impose personal income taxes on the state residents of world-wide income regardless of where the income is from. Nonresidents are taxed only income attributable to (“sourced to”) that state. Part-year residents are taxable on their world-wide income while a resident of the state and only on income from the state source while nonresident. States do not follow the rules of the federal income tax to determine the state residency.

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To Be or Not To Be A U.S. Resident Alien

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Residency Status Is Important

The first thing you must know to file your tax return is whether you are a resident or nonresident for U.S. tax purposes. If you are a foreign national, you can be either a resident alien or a nonresident for tax purposes. If you are a resident alien, you are taxed like a U.S. citizen. If you are a non-resident alien for tax purpose, you are taxed with different rules and regulations and you file different return.

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