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

    Jul 14, 2009, 11:40 AM
    L1 short term to long term
    Hello,

    How about chang the status from short term to long term status. For 1 L1 visa holder, do you need to pay tax after you stay more than 183 days ( tax just cover the period after 183 days abd before you leave)or you have to pay all of them since you come here. Thanks for help.
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Jul 15, 2009, 04:48 AM

    You file your tax return only when your income exceeds the filing requirement. Even if you stay for one week, and your income exceeds the filing requirements, you must file tax return.
    During the first year in the U.S. you will file non-resident return, dual status return or resident return depending upon number of days in the U.S. and if you are married or single.
    Read about L1 tax filing: 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!

Short term vs long term capital gains, loss carryovers [ 4 Answers ]

Back in 2000 and 2001, I had short term capital losses that exceeded the 3000 dollar limit. Each year, I've been able to deduct 3000 dollars since my short term gains have been minimal. I still haven't used up all my 2000 and 2001 short term losses. I had some long term gains in 2000, but...

Short-term excitement vs. Long-term relationship [ 7 Answers ]

All right, here it goes. Ehm there's this hot lady sitting in my office, as there are many others in my office who are attractive. They are all Asian, as I'm living in Bangkok. Now, the thing is is that this lady has something for me (she contacted me cause she finds me attractive), and I am in a...

Follow up on short term vs long term loss [ 1 Answers ]

Hi - I have stock that I receive every year which of course has been hammered - I want to sell just enough to take advantage of the maiximum 3000 capital loss, just to offset ordinary income, also: 1. Can the loss be used to offset ordinary income even though I'm subject to AMT ? 2. Does the...

Should I claim short term or long term loss [ 4 Answers ]

Hi - I have stock that I receive every year which of course has been hammered - I want to sell just enough to take advantage of the maiximum 3000 capital loss, just to offset ordinary income. I can sell stock I've held for a while and generate a long term loss or use stock acquired this year for...

Is short-term or long-term debt more stressful to your personal finances? Why? [ 4 Answers ]

Is short-term or long-term debt more stressful to your personal finances? Why?

View more questions Search