non-resident interests eqnuiry
Hi
Hi
1. As a Non-Resident Alien and not living in the USA, you are still taxed on your US Passive income -- at a flat 30% rate.
2. You file your return on Form 1040-NR ( not supported by TurboTax ---you can use a tax professional back in your home country , UK or here in the USA or use service like SprinTax, an affiliate of TurboTax )
3. You should keep your US bank account valid , especially if you are expecting a refund from the IRS .
4. Note that since US tax calendar is based on Calendar year, if you leave the country permanently during the middle of the year , you may be treated as a dual status alien --- 01/01/XX till the departure date as a Resident & taxed on world and thereafter till 12/31/XX as a Non-Resident alien, taxed on ONLY US sourced income.
@Helen123 , thought you were going to stay here for some time ( based on your earlier questions ).
Does this answer your query ? Is there more I can do for you ?
pk
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