Because residents and nonresident aliens are taxed differently, it's important to understand the difference. You're considered a nonresident alien for any period that you're neither a U.S. citizen nor a resident alien for tax purposes. You're considered a resident alien for a calendar year if you meet the green card test or the substantial presence test for the year. This webinar will discuss the difference between resident and nonresident aliens and help you choose the right status for your client.
Learning Objectives:
- Learn who the IRS considers an alien
- Distinguish between a resident and nonresident alien
- Understand the substantial presence test
- Understand the green card test
- Learn how residency impacts your clients