How resident and nonresident aliens owe tax: Resident aliens, or foreigners who live within the U.S., are taxed in the same way as U.S. citizens. The income of nonresident aliens falls into 1 of 2 categories: Income that is connected to a trade or business in the U.S. Income that is not connected to a trade or business. The latter income is taxed at a flat 30%, or lesser, treaty rate. Source: Internal Revenue Service However, the IRS provides a special provision for owners of real estate that allows nonresident aliens to “choose” to treat income from the property as “income effectively connected with a trade or business in the United States.” If you make this choice, you are not only allowed deductions attributable to the property, but are also taxed on your net income at graduated tax rates. To make this choice, you are required to attach a statement to your tax return or amended return for the year of choice which includes information regarding the property. Further details are provided in chapter 4 of IRS Publication 519, U.S. Tax Guide for Aliens. Make sure you obtain an Individual Taxpayer Identification Number, or ITIN, if you do not have one and are not eligible to get a Social Security number, as it must be furnished on returns, statements and other tax-related forms. For details on how to obtain an ITIN, see IRS Form W-7 , Application for IRS Individual Taxpayer Identification Number and its instructions .
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Some people in the Bell County community had questions and concerns about the quality of their water, but when they tried to speak out, they were told not to. “I think its a joke were not allowed to ask questions or speak, said Joe Truelove. Truelove is one of many Bell County http://www.pfcdavidlawrence.org/trueisaacgarcia/2016/08/02/an-in-depth-overview-of-valuable-strategies-in-interview http://www.allsaintsportsmouth.us/traininginterviewpreparation/2016/07/23/student-opinion-of-geology-the-perception-of-how-difficult-geology-is-really-is-based-on-what-each-student-thinks-is-hard-or-easy/ residents who are demanding answers. Residents said their water has been turned off multiple times this week aloneand theyre fed up. “The only way to fix this mess is to wait until next March and get rid of them all, said Mike Pedersen. While speaking with the president of the Dog Ridge Water YOURURL.com Supply Corporation, he declined to answer some questions. He said people should continue to boil and drink the water, despite the poor quality. “If you boil it, it’s absolutely fine to drink, so I understand that there are some concerns but like I said there’s only one site that’s giving us a problem so, I don’t know,” said Dog Ridge President Wayne Rutherford. This year the Dog Ridge Water Supply Corporation has been cited more than a few dozen times by the Texas Commission on Environmental Quality (TCEQ).
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