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    goelpuneet1980's Avatar
    goelpuneet1980 Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 28, 2011, 04:35 AM
    1040NR for long term capital gains?
    How do I file 1040 NR for long term capital gains. I had bought shares for $5605 in 2008 and sold them in September 2010 for $14965,with net profit of $9360. I am not sure on how to file tax for this. Should I use schedule D or not. There was no dividend
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 28, 2011, 04:41 AM

    For nonresidents capital gains from the sale of stocks is not taxable.
    Which visa do you have? When did you enter the US?
    goelpuneet1980's Avatar
    goelpuneet1980 Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Mar 28, 2011, 05:11 AM
    Comment on MukatA's post
    I entered US in 2007 and leave by Dec 2009, with L1 visa. I forgot to mention W8-BEN and the system has only W9 form in the system. Also I had not gone to US anytime in 2010
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