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-   -   Refund on 1040, pay on 1040NR (https://www.askmehelpdesk.com/showthread.php?t=9080)

  • Apr 14, 2005, 07:30 PM
    CheapScotsman
    Refund on 1040, pay on 1040NR
    Left the US 60 days into 2004 so I am filing dual status . I have finished my 1040 it appears I am getting a refund

    But I sold some stocks and got some dividends AFTER I left the states. The stocks are no problems cause they are 0% tax due to Cdn/US tax treaty but it appears I have to pay tax on the dividends (there was no withholding tax).. . so I owe money on my 1040NR

    Since the 1040 refund is greater than the 1040NR amount owned... Do I need to send the IRS money for the 1040NR or will they credit my refund against the money owed?
  • Apr 14, 2005, 07:46 PM
    CheapScotsman
    Okay, I understand... I need to carry relevant items from the 1040 to the 1040NR and figure my tax payable/refundable on the 1040NR...

    Pub 519 dual status section isn't very definitive on which items need to be copied. Anybody have a checklist?
  • Apr 14, 2005, 09:39 PM
    AtlantaTaxExpert
    No checklist. Only Pub 519.

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