Nonresident US source income is taxed at a flat 30% rate, unless a tax treaty specifies a lower rate. Nonresident aliens must file and pay any tax due using Form 1040NR, U.S. Nonresident Alien Income Tax Return or Form 1040NR-EZ, U.S. Income Tax Return for Certain Nonresident Aliens with No Dependents.
In many situations nonresidents may have the option to be elected as a resident and then pay taxes at the regular graduate rates for US residents which run from 10% to 39.5%. See the sliding scale tax rates HERE
Need help with your nonresident US tax forms or want to plan your US financial connections to achieve the optimal US income tax outcome.? Email us at ddnelson@gmail.com
In many situations nonresidents may have the option to be elected as a resident and then pay taxes at the regular graduate rates for US residents which run from 10% to 39.5%. See the sliding scale tax rates HERE
Need help with your nonresident US tax forms or want to plan your US financial connections to achieve the optimal US income tax outcome.? Email us at ddnelson@gmail.com
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