International Issues for Nonresident Aliens and US Citizens/Residents
NTFO is not a sponsor for online/self-study seminars as defined by the National Association of State Boards of Accountancy.
Disclaimer: This seminar was filmed in Orlando, Florida, on August 6, 2008, and the information was correct at the time of recording
Each year, thousands of visas are issued to nonresident aliens to work in our country, while U.S. citizens and residents are taking advantage of globalization to live and work overseas. Many foreigners receive interest, dividends, and pensions from U.S. companies while U.S. citizens and residents receive foreign sourced income.
This session looks into issues for both nonresidents and U.S. persons. It examines who has to file, what income must be reported, how income is sourced, who must pay social security or self-employment tax, what deductions or credits may be claimed and what special forms are required.
This seminar was presented by the IRS Large and Mid-Size Business (LMSB) Division. It was filmed in August 2008, at the IRS Nationwide Tax Forums in Orlando, FL.
If you would like to earn credit for a forum, you must have an account with IRS Tax Forums Online and purchase the course for $45.