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

    Feb 11, 2011, 01:56 PM
    Disposition of Real Estate property in US and deductions
    Does a non resident allien filing a 1040NR only to report the disposition of a US Real Estate property and no other activity or income, entitled to a standard deduction? A preparer thinks so, but I think foregn filers are not allowed deductions, and in particular a standard deduction, when the only transaction to report is the disposition of Real Estate via a 1040NR. Am I correct? Thanks a lot.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #2

    Mar 2, 2011, 01:10 PM
    You are correct!

    As a general rule, non-resident aliens who are NOT located in the United States and file to report only U.S.-sourced income are NOT allowed to claim the standard deduction.
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