Tax Issues for Foreign Nationals and U.S. Expatriates

Welcome! This is a discussion forum on foreign national and U.S. expatriate tax issues sponsered by G.W. Carter, CPA, PLLC. Please keep your tax questions brief and to the point, and limit your questions to one or two issues. Tax advice contained in this forum does not constitute a formal opinion. If you need professional tax help, click the image to the left to visit www.thetaxguy.com.

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Subject:		Re: Capital gain on stock for 1040NR
Name:		Gary W. Carter
Date Posted:		Apr 22, 08 - 5:51 AM
Email:		gwc@thetaxguy.com
Message:		Hi Michael - Capital gains on stock sales are not taxable to a nonresident alien who was not present in the US for at least 183 days during the year. Dividends paid on US stock are taxable, and the rate is generally 30% unless a lower treaty rate applies. If the proper amount of tax is withheld from your dividend you are not required to file a US tax return unless you have other US source income.

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