1040NR? or 1040? + International Organization and Foreign Embassy Employees: Second edition, enlarged and revised by Jean Mammen EA

Description

International aspects can make tax preparation especially complex and confusing. People in the U.S. on visas and American citizens and residents who work for foreign embassies or international organizations, and the tax professionals they consult, all need help figuring out which forms to file and how to prepare them. This handbook from an experienced tax professional with many international clients makes the process simpler and clearer. The key feature of this handbook is the use of EZ Guides to clarify critical decisions. Author Jean Mammen first created them to aid in her own work with clients, then expanded them as guides for her colleagues. Some of the confusing situations you'll find answers to are: • When do newly arrived workers on H1b or L1 visas, and students on F-1 or J-1 visas use Form 1040NR, or Form 1040, or Form 8843? • With the changes in tax regulation and enforcement, do you need to file an FBAR or a Form 8938 if you have financial assets outside the U.S.? • What amount will you be taxed on if you are an American or a green card holder working for an international organization which doesn't withhold for income tax or social security tax? • How does a tax treaty affect your return? • How do you do a dual-status return if you were a tax resident for part of the year and a nonresident for the rest of the year? • When is your return too late for you to claim deductions and treaty benefits? This practical handbook can be put to immediate use by tax professionals and individuals preparing Forms 1040NR, 1040, 8843, 8840. The step-by-step advice, explanations and EZ Guides make for effective elections, statements and protective returns.