Publication 519: US Tax Guide for Aliens
This comprehensive resource explains different tax statuses, reporting requirements, and key deductions for non-citizens navigating the US tax system.
What is Publication 519: US Tax Guide For Aliens?
Publication 519, also known as the "US Tax Guide for Aliens," is a comprehensive resource from the Internal Revenue Service (IRS) designed to help individuals who are not US citizens understand their tax obligations in the United States.
Who is this Guide For?
- Nonresident aliens: Individuals who aren't US citizens or permanent residents but have US-sourced income like wages, investments, or rental income.
- Resident aliens: Individuals who hold a green card or meet the substantial presence test (183 days or more in the US).
What is Covered in Publication 519?
A. Determining your tax status: Understand resident vs. nonresident alien classification and the 183-day rule.
B. Types of income taxed: Learn about taxable income categories like wages, investment income, real estate income, and scholarships.
C. Filing requirements: Know when and how to file tax returns using forms like 1040 or 1040-NR.
D. Tax treaties: Explore tax treaties between the US and other countries that may reduce your tax burden.
E. Deductions and credits: Discover available deductions and credits like the standard deduction or foreign tax credit.
F. Estimated tax payments: Nonresident aliens with self-employment income may need to make estimated tax payments.
G. Departing alien procedures: Understand tax obligations when leaving the US permanently.
Key Points to Remember:
- Residency status determines your tax obligations.
- Nonresident aliens may still be subject to US tax on income earned from US sources.