Non-Resident Tax Calculator (USA)
Here’s a comprehensive table summarizing key points about non-resident alien taxation in the USA:
Aspect | Details |
---|---|
Definition | A non-resident alien is an individual who is not a U.S. citizen and doesn’t meet the green card or substantial presence test13. |
Taxable Income | Only income from U.S. sources is taxable; foreign-earned income is generally exempt13. |
Tax Forms | Must file Form 1040NR or 1040NR-EZ for federal taxes3. |
Standard Withholding Rate | Generally 30%, but exceptions apply4. |
Deductions | Cannot claim standard deduction or most itemized deductions4. |
Residency Tests | Must not meet Green Card Test or Substantial Presence Test13. |
FICA (Social Security & Medicare) | Exempt if on F-1, J-1, M-1, or Q-1 visa and performing services in accordance with visa purpose4. |
Tax Treaties | May reduce tax rates or provide exemptions for certain types of income4. |
Form 1099 | Non-resident aliens do not receive Form 10994. |
State Taxes | May need to file state tax returns depending on the state of residence3. |
Filing Deadline | Generally April 15th of the following year3. |
Form 8843 | Required for certain non-residents exempt from substantial presence test3. |
Scholarship/Fellowship | Taxed at 14% for F, J, M, Q visa holders (for the taxable portion)4. |
Net Investment Income Tax | Non-resident aliens are not subject to this additional 3.8% tax5. |
Sailing Permit | May be required before leaving the U.S., with some exceptions6. |
This table provides a concise overview of the key aspects of non-resident alien taxation in the USA. It’s important to note that tax laws can be complex and may change, so consulting with a tax professional or the IRS for the most up-to-date and personalized advice is recommended.