Description:
This book is for preparing 2023 taxes. Generally, a U.S. tax return must be filed when nonresident aliens have U.S.-source income. U.S. filing requirements for nonresident aliens can be complex; therefore, it’s critical the tax professionals working with these taxpayers understand how to complete and file Form 1040-NR, U.S. Nonresident Alien Income Tax Return, the form nonresident aliens use to file their returns. This course will help tax professionals determine if Form 1040-NR is required. Additionally, the course material explains the differences between a resident alien and a nonresident alien. It also discusses effectively connected income, not effectively connected income, treaty exempt income and other income reporting. A comprehensive example of Form 1040-NR with the associated schedules and tips for preparing is also included.
Topics include:
- Analyzing whether your client needs to file Form 1040-NR
- Differentiating between a resident alien and a nonresident alien
- Identifying the source of income
- Preparing Form 1040-NR, including Schedules A, NEC and OI
Product Details:
Item Number: E23359
Level: Basic
Authors: NATP Staff
Published: 2023
Format: Electronic PDF - 61 Pages
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Corresponding CPE Courses:
Get this e-book FREE when you purchase the 2023 corresponding course.
Purchase Info:
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