Ask Experts Questions for FREE Help !
Ask
    mexifans's Avatar
    mexifans Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 10, 2011, 01:30 PM
    Tax Question for H-1B Visa Holder
    I plan to start working in the USA on July of this year under a H-1B Visa. I was told that my taxation of income will depend on whether I am categorized as a non-resident alien or as a resident alien. I prefer to be taxed as a non-resident as I have a stock & bonds account in Mexico that I would not like to pay taxes in the USA. There is no capital gains tax in Mexico (unbelievable, I know). I have been reading that in order for me to qualify as a non-resident I need to do the "Substancial Presence Test", but I do not understand something... During my first year of my H-B1 stay in the USA I HAVE to be a non-resident, right?. So at least during the first year I will be qualifying as a non-resident?

    Thank you in advance.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Feb 10, 2011, 07:39 PM

    Even if you are a nonresident, the income earned while present in US is taxable in US.
    If you are single and did not complete SPT in 2010, you will file nonresident tax return. Your U.S. Tax Return: The U.S. Visas

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Question about tax return for a J-1 visa holder married to a you.S. Citizen [ 3 Answers ]

I am a U.S. citizen and I married a J-1 work visa holder last year. My earnings were about $27,500 in the state of Texas for the year 2009. Now, the issue with my husband's visa is that he was on F-1 visa until June 2009 and on J-1 from then onwards. His earnings were about 1,700 in Texas when he...

L-1 visa holder tax return [ 1 Answers ]

Hi experts, I am a L-1 visa holder who entered the US on May 2009. I am going to leave the country at the end of Dec 2009 as my post was made redundant. My questions are: - What was my status for the last months for tax purpose? Is it non-resident alien? - Which forms should I fill in order to...

Income Tax for L1 Visa Holder in US [ 5 Answers ]

I am working in US on L1 Visa, my spouse & daughter are on L2 Visa. Spouse is not working & don't have SSN. I started working from 18th May08. I am unaware about US Tax structure. I also need to spend huge amount of my daughter's edcucation as she is 3 yrs old & I have to put her in private...

Tax Deduction for J-1 Visa holder [ 1 Answers ]

Hi, I'm in NY as a trainee (J-1visa). This year I had relevant medical expences (dentist), not paid by the health insurance. Can I deduct them? Thank you

Tax for H1 and H4 visa holder [ 5 Answers ]

I am in H1b Visa, my wife came here in H4 visa in Nov 15, 2006. Can I fill 1040 for 2006 jointly with my wife so that we can receive 13000 standard deduction? She needs a ITIN? She can not have a SSN. Thanks.


View more questions Search