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February 21, 2021
Question

Tax Return for G4 Visa Holder

  • February 21, 2021
  • 1 reply
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I am G4 Visa Holder. I need guidance on lodging tax return specifically for the share sale and dividend reciept. In my case for FY20, the income is less than $200.

    1 reply

    ReneeM7122
    February 24, 2021

    It sounds likely that you do not have a filing requirement because the income that you received was below the filing threshold requirement of $12,400.  As an FYI, however, G4 visa holders are subject to  a 30% tax on capital gains from a US source if they were in the US for 183 days or more in a tax year.

    April 2, 2021

    And if the g-4 visa holder was less than 183 days in the USA, still pays 30% on capital gains or another percentage?

    April 2, 2021

    G-4 visa holders are considered as nonresidents for tax purposes.  As TurboTax does not cover nonresident filing, you are advised to contact Sprintax.