Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [tax-residency]

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What dissuades people from lying about where they live in order to reduce state income taxes?

Lets say you work in Chicago and live in Chicago but put your home address as somewhere in Indiana. Then every week you collect the mail that is being sent to you in Indiana. Wouldn't you save a lot of money assuming the taxes are lower? What…
alexcioby122
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State returns for married couple living/working in different states (CA & IL)

For the tax year 2016, me and my wife were residents of and earning income in different states (CA and IL). We filed a joint federal return to have larger deductions, but I am not sure if we should file separate or joint state returns. Filing…
Nicholas
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With constant travel, is it possible to not have a tax residence?

We're in the EU (EU passports) and planning on spending the next couple years traveling. Income is coming through a company I have set in a country I was never a resident of. The only taxes I'm normally liable for is my personal income, at my place…
Thomas
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US State Tax Filings for international student

I have a classic question that a lot of my peers in my university have. I am an international student at New York University (NYU) currently on my F-1 visa in the United States pursuing a Masters program. I am in my final semester thus I have been…
qrius
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UK tax for partial residents

During the 2019/2020 tax year, I worked as a full-time employee in the UK for only 3 months and left the country 1 month after that, in August. I then moved back home in Romania and continued to work as a freelancer. I also had some capital gains in…
Paul Razvan Berg
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H-1B visa holder came in April 2017. What are the options for filing income tax return?

I came on H-1B visa with my wife and kid in April 2017, from India. I have salary income from January to March from India and from April to December from USA. Here I have few questions: What is my resident status? Am I resident for federal and…
nidhsp
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UK taxes on US investments with UK resident wife and US resident husband

If my wife moves to the UK for 9 months in the same calendar year and becomes UK tax resident is she liable for our USA worldwide investment income by HMRC? She does not work, I work in USA. We both live in US (2 homes) are US & UK dual citizens.…
Jon
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Moving from Canada to the U.S.: Where will I be considered resident for tax purposes?

In 2018 in the summer, I'm planning to move from Canada to the U.S. I'm a citizen of Ukraine. I would spend more than 183 days in Canada in 2018 and have an employer, but by the end of the year I will have no ties to the country — no job, no family…
sasha.sochka
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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 2016, when banks deducted the tax at source and I…
Martin Home
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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 afternoon, promptly begin a new chapter of their…
AlanSTACK
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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 requirement. A vacation or other short absence counts as…
maplemale
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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 May 1, landed (= touched the ground) in the US at…
Franck Dernoncourt
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Resident alien for tax purposes: Still valid after a gap of 2 years?

I was on F1 visa in the US during 2007-2015. After living in the US for 5 years, I filed income taxes as a resident alien for tax purposes for the years 2013, 2014 and 2015. Then I moved out of the US to work in a different country during 2016-2017.…
r2d2
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Eligible for Tax exemption in USA due to shorter stay?

I have entered in USA on Jul 2,2017 and working in IT. So, in this financial year I will be working 183 days ( Jul 2, 2017 - Dec 31,2017) in USA. Should I pay income tax in USA for this financial year, what is the minimum number of days a person…
Raj
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California tax residency for TN visa

I am a Canadian citizen working in California on a TN visa. I worked 4.5 months in 2016 and plan to continue working here indefinitely. Am I considered a tax resident for 2016?
fumoboy007
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