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

    May 26, 2007, 10:53 PM
    How to report foreing based income in dual status?
    I moved into the US in March and have a work Visa starting the day I arrived.

    I know I can file dual status, and know how to file my US-Income, but how do I report my foreign income that I received when I was living abroad (non-resident alien)?

    Reading through other posts, the foreign income is not subject to US taxes, but where do I have to report is and which forms to use?

    Thank you so much!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    May 27, 2007, 11:30 AM
    You do NOT have to report the foreign-based income. All you have to report is the U.S.-based income earned while living abroad.

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!

Failed to report income? [ 3 Answers ]

A friend of mine moved from California to North Carolina in October 2005. Before she moved, she withdrew approximately $32,000 from her retirement fund and taxes were withheld. However, when she filed her income taxes, she didn't think she had to claim it, because she had already paid the taxes. ...

How to report income with no W2 and no 1099? [ 4 Answers ]

My wife made some income this year (about 5K) and we are unsure on how to report it. The business owner has not and will not issue W2 or 1099 forms but has written checks to her name which she has cashed out at his bank. How do we report this on our federal taxes without triggering an audit...

OPT to H1 status (dual-status?) [ 1 Answers ]

Hi, This question has been asked a few times already, but I want to confirm. I have been in the US on F-1 since 2003. I was working on OPT from June 2005 to Feb 2006, and on H-1 from Mar 2006 onwards. Should I file as a resident or dual-status? Based on the previous answers, it seems like I...

Dual Status Return & Dual Status Statement [ 3 Answers ]

Hi ATE: Just curious, which amount will be refunded to us if we file 1040 as Dual Status Statement & 1040NR as Dual Status Return? Or the total of both? Best, Jesslyn

Should I, as OPT and H1-b, report as dual-status? [ 4 Answers ]

Hi, my situation is quite similar with many people here. I stayed in US as OPT from Sep. 2001 to May, 2005 and as H1-b from May, 2005 until now. And I am single. My questions are, 1) Should I report as dual-status for sure? Or Can I report as a resident alien(1040) only? 2) For example,...


View more questions Search