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    indianguy's Avatar
    indianguy Posts: 1, Reputation: 1
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    #1

    Mar 20, 2007, 09:49 PM
    Non-Resident Alien taxes on profits from shares/dividends/interest
    Hi,

    I am in the process of filing my taxes for 2006 as a non-resident alien, since I was on OPT/F-1 visa for most of 2006. Towards the end of 2006, I sold some shares of a US company that I had been holding since before I came to the US. I also earned some dividends on that share. Additinally, I have earned some interest on my savings accounts in a credit union where I have two savings accounts. Am I liable to pay taxes on all these? FYI, I started working in a US company from July and am still working there.

    Som
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 23, 2007, 10:06 AM
    Som:

    You ARE liable for capital gains taxes on the stocks you sold.

    The interest from the credit union is tax exempt for those who are filing a non-resident alien tax return, which is the return you should file.
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