Nonresident Tax Issues
The most frequently asked tax questions related to Nonresident Tax Issues
Seeking Advice on Form 5472 & Pro Forma 1120
Asked Saturday, June 20, 2026 by FinnUK citizen, non-US resident. I formed a Wyoming single-member LLC in Sept 2025 for freelance work and obtained an EIN. The LLC has no US employees, office, bank account, or US-sourced income. All freelance income was received personally rather than through the LLC. Given these circumstances, was I required to file Form 5472 and a Pro Forma 1120 for 2025? If so, what filing obligations do I have now, and what penalties might apply for not filing?
Quick Answer:
Non-US owner of New Mexico LLC - filing requirements
Asked Sunday, June 14, 2026 by MykytaHello, I am a non-US resident and the sole owner of a New Mexico LLC. My LLC was formed on December 31, 2025. An EIN was obtained on May 5, 2026. No US tax forms, information returns, or other filings have been submitted yet. The company has been used for e-commerce activities. I would like to know: What federal tax filings are required for my LLC? Have any filing deadlines already been missed? Is there currently any risk of penalties? If penalties may apply, what is the best way to corre
Quick Answer:
LLC election to corporate tax status
Asked Saturday, May 30, 2026 by TomasHello, I seek general U.S. tax guidance. Can a U.S. single-member LLC, currently treated as a disregarded entity and owned by a non-U.S. individual, elect to become tax-nontransparent for U.S. federal tax purposes, e.g. taxed as a C corporation? Under what conditions is this possible, what forms, timing and state steps apply, and what taxes/obligations follow: corporate tax, dividend withholding, treaty relief, transition issues and filings? Contact me via email. Thx.
Quick Answer:
EIN and FORMS
Asked Friday, April 10, 2026 by CHAOMy company is a non-U.S. resident, single-member LLC registered in 2025. It has no business operations, no physical presence, no employees, and has not applied for an EIN number. Therefore, I cannot file Forms 5472 and 1120, nor can I file Form 7004. What should I do?
Quick Answer:
nonresident
Asked Wednesday, March 18, 2026 by AkramI would prefer to communicate by email if that is okay with you. I will file as a California nonresident for 2025. I was outside the U.S. all year and performed no work in California. I received: W-2 sick/vacation/holiday wages from a CA employer W-2 short-term disability from a NY insurer, with premiums paid by the CA employer (while I was working in CA) Bank interest from an online account Are any of these considered California-source income and taxable by CA for a nonresident?
Quick Answer:
Which State Do We Pay
Asked Friday, February 27, 2026 by ShelleyI have a business in one state and 1 employee who lives and does their job in another state (works remotely for us). Do we pay the state withholding and state unemployment to the state where we are located for that employee or do we pay the state where the employee lives and performs their work?
Quick Answer:
5472 form
Asked Wednesday, February 04, 2026 by AlinHello, I require assistance with filing my 5472 form. I'm finding the form quite complex and would appreciate any guidance you can offer. Please tell me about the price and support you provide for completing this form. Thank you.
Quick Answer:
Applying for ITIN
Asked Wednesday, January 21, 2026 by HaiderHello, I am reaching out to seek information about ITIN registration. We have an LLC registered in Wyoming and want to apply for ITIN. Can you please share the details about the process, timeline and costs associated with this. Thanks
Quick Answer:
Gift taxation foreign person
Asked Thursday, December 18, 2025 by SandraNon-US citizen and non-US resident (nonresident alien) with a US bank account want to gift a total of up to $100,000 in cash this year to 2 children who are US citizens and US residents. The gifts will be wire transfers or checks from their US bank account. Questions: Is this gift subject to US gift tax for me (the donor)? Is the gift considered taxable income to my children (the recipients)? Is it up to 100k per year with no reporting filing 3520?