we5119
Feb 21, 2008, 12:23 PM
I am a Singapore citizen, had never step foot in USA for 2007.
I had a capital gain this year due to sale of Stock of the US company that I worked for. (about $5K gains)
My brokage had automatically tax withhold $2K of the sale.
I have the following questions.
1. Do I have to report all my income in Singapore that has in no relationship with USA and pay tax for that ?
2. Do I have to list out all my dependents who does not have a US Identifying number.
3. Since I don't see I qualify for standard deduction or any other itemized deduction, am I better off no file the 1040NR and just let IRS keep the $2K withholding? I have no plans to ever become a US residence or citizen.
Thank you
I had a capital gain this year due to sale of Stock of the US company that I worked for. (about $5K gains)
My brokage had automatically tax withhold $2K of the sale.
I have the following questions.
1. Do I have to report all my income in Singapore that has in no relationship with USA and pay tax for that ?
2. Do I have to list out all my dependents who does not have a US Identifying number.
3. Since I don't see I qualify for standard deduction or any other itemized deduction, am I better off no file the 1040NR and just let IRS keep the $2K withholding? I have no plans to ever become a US residence or citizen.
Thank you