Married Filing Separate vs Married Filing Joint
US CITIZENS FILING 1040 FOR FIRST TIME AFTER THEIR WEDDING TO NON-US CITIZEN FOREIGN NATIONAL SPOUSE AND CONFUSED ABOUT TO CHOOSE MFS OR MFJ Option on 1040 US TAX RETURN? 1040 Married Filing Separate [MFS] or Married Filing Joint [MFJ] Brief Tax Implication Reporting...
IRS Refund Not Received Yet?
Tax Return Filed Refund Not received Yet? How can you check the Refund Status? When a 1040 US tax return is filed and expecting a refund, the refund processing time is generally up to 3week to 3 months. For the Non-US Citizen Foreign person with 1040NR tax filers,...
FIRPTA Withholding Tax On Sale Of USA Property – Common FAQ’s
What is FIRPTA? When any foreign person sells is USA-based property, they are subject to the FIRPTA TAX withholding as per the (Foreign Investment in Real Property Tax Act) at the rate of 10% or 15% of the Gross Proceeds by the US Escrow/Selling agent. For example:...
