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Non-resident alien & Wealthfront. What tax form should I file?
I am a non-resident alien. I do not live in the US. I don't have any payments or any US income.
I have only invested in Wealthfront and nothing else. I did not sell anything in 2018. What tax software can I use? What tax form do I need to file?
Thanks for your help.
I have only invested in Wealthfront and nothing else. I did not sell anything in 2018. What tax software can I use? What tax form do I need to file?
Thanks for your help.
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June 1, 2019
10:15 AM
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Get your taxes done using TurboTax
A non-resident alien who has not passed the green card test or the substantial presence test, and who lives outside the United States is generally not subject to U.S. taxation. However, income that is generated from sources within the United States, excluding certain investments, may be subject to taxation.
Please refer to TurboTax's partner Sprintax who can better assist you with determining if you need to file a US tax return.
June 1, 2019
10:15 AM
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Thanks for the answer. I already talked to Sprintax. They could not help me but answered the following: "Sprintax does not support that kind of forms. Therefore we will be not able to advise you properly. "
Is the any other Tax software which I can use? The tax software has to be available for people residing out of US.
What tax form do you think is the most likely I need to fill out based on above mentioned?
Is the any other Tax software which I can use? The tax software has to be available for people residing out of US.
What tax form do you think is the most likely I need to fill out based on above mentioned?
June 1, 2019
10:15 AM
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Get your taxes done using TurboTax
Non-resident aliens are required to file a Form 1040NR. TurboTax does not support the Form 1040NR. It is the reason I had referred you to Sprintax. Did you speak to a representative, or just received an automated answer? You will need to speak to a person.
You can try calling the Internal Revenue Service International Hotline at 267-941-1000. You can also fax a tax question to 267-941-1055.
To review the form 1040NR, you will need to visit <a rel="nofollow" target="_blank" href="https://www.irs.gov/forms-pubs/about-form-1040-nr">https://www.irs.gov/forms-pubs/about-form-1040-nr...> to access the form and instructions.
You can try calling the Internal Revenue Service International Hotline at 267-941-1000. You can also fax a tax question to 267-941-1055.
To review the form 1040NR, you will need to visit <a rel="nofollow" target="_blank" href="https://www.irs.gov/forms-pubs/about-form-1040-nr">https://www.irs.gov/forms-pubs/about-form-1040-nr...> to access the form and instructions.
June 1, 2019
10:15 AM
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Thank you for your time and help. I appreciate it.
June 1, 2019
10:15 AM
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No problem. Could you please follow-up with me so I will know if the Wealthfront is reportable US income for non-resident aliens living outside the US? My thought process says probably not, but I would like a definitive answer.
June 1, 2019
10:15 AM