Many people believe that if they’re not an official resident or citizen of the United States, they are not required to pay taxes. Unfortunately, these people are mistaken, and this mistake could end up costing them dearly. Nonresident tax services in Edison can help ensure that you correctly file your taxes, avoiding legal fines from the IRS.
Nonresident defined
An alien is defined as any individual who is not a U.S. citizen. A non-resident alien is someone who has not yet passed the green card test, or the presence test.
If you are a non-resident alien at the end of the tax year, but your spouse is a resident alien (i.e. passed the green card test or presence test) then your spouse can choose to file Form 1040 in order to treat you as a U.S. resident alien.
Who is Required to File
You must file a return if:
* You are a non-resident engaged in a business or trade in the U.S. during the year. If your sole income is comprised of wages that are less than the personal exemption allowed, you are not required to file.
* You are a non-resident and have U.S. income in which the tax liability was not fulfilled by tax that was withheld.
* You want to claim a refund or claim the benefit of deductions (for example, rental property income that you want to treat as income connected to a business).
You are required to pay U.S. tax on your income, after any deductions, just as U.S. residents and citizens do. If you are unsure of what you need to claim, how much you should claim, and if you qualify for any deductions or credits, a professional tax preparation service can help. In fact, it’s highly recommended that you get your taxes done by a specialist. Nonresident tax services in Edison can help you fill out all of the necessary paperwork, in order to reduce errors and avoid penalties and delays.