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Old 04-08-2008, 10:24 PM
removeps-groups@yahoo.com
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Default Re: Non-Resident Long-term capital tax rate

On Apr 7, 1:26*pm, My interest <myinter...[at]gmail.com> wrote:

- quote -

> Can somebody advise me of the NR tax rate for long-term capital gain
> (e.g. stock held for 1+ year) and qualified dividend? *Somehow I feel
> very confused by the rules I found. *Thanks.


This stuff is sort of new to me too, so here is my research:

Long term capital gain = 30% if in the US for 183 days or longer
Long term capital gain = 0% if in the US for 182 days or shorter
Ordinary or qualified dividend = 30%

Was your dividend from a foreign company that is cross-listed on the
US exchanged? If yes, then the tax is 0%.

1040NR instructions
http://www.irs.gov/instructions/i104...2.html#d0e6216

Text of IRC 871(a)
http://www.taxalmanac.org/index.php/...en_individuals

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
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Old 04-07-2008, 08:26 PM
My interest
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Posts: n/a
Default Non-Resident Long-term capital tax rate

Can somebody advise me of the NR tax rate for long-term capital gain
(e.g. stock held for 1+ year) and qualified dividend? Somehow I feel
very confused by the rules I found. Thanks.

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >
 

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capital, longterm, nonresident, rate, tax
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