Understanding Taxation of Foreign Individuals and Compliance on Form 1040-NR (Completed)
Date: Wednesday, July 9, 2025
Instructor: Robert J. Misey
| Begin Time: |
11:00am Pacific Time
12:00pm Mountain Time
1:00pm Central Time
2:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Foreign individuals must pay tax on their U.S.-source income. Although some of their tax compliance is the result of withholding, if the foreign person has effectively connected income, she will have to file and pay tax on a Form 1040-NR. Taught by former IRS Chief Counsel (International) Robert Misey, this program will teach attendees the rules for taxing foreign persons. The program includes preparation of a sample Form 1040-NR.
Who Should Attend
Tax accountants and tax attorneys
Topics Covered
- Residency
- Sourcing
- Fixed, determinable, annual, or periodic income
- Effectively connected income
- Form 1040-NR
Learning Objectives
- Distinguish a nonresident alien from a resident alien
- Determine the source of income earned
- Identify fixed, determinable, annual, or periodic income subject to withholding
- Determine effectively connected income to a U.S. trade or business
- Prepare a Form 1040-NR
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
