Mel Whitney
Articles
Capital gains tax on foreign property: US reporting, exclusions, and how to reduce tax
US citizens and resident aliens generally report ...
Form 706-NA: Estate tax return for nonresident aliens - complete guide
Form 706-NA is the US federal estate tax return used to compute estate and generation-skipping transfer (GST) tax liability for a nonresident non-citizen (NRNC) decedent who owned US-situated assets at death. The executor must file within 9 months of the date of death if the gross US estate, gift tax specific exemption, and adjusted tax...
Form 3520 penalties: late filing relief, abatement, reasonable cause, and what to do next
Quick answer ...
Social Security benefits for non-citizens, permanent residents, and foreign spouses
Permanent residents and many non-citizens can receive US Social Security benefits, including retirement, disability, spousal, and survivor payments. Citizenship alone is not the test. Eligibility turns on five things: work credits (yours or a spouse's) your family relationship to the worker yo...
Foreign property tax: what to know before buying or selling real estate abroad
US taxes on foreign property do not usually start when you buy a home abroad. They usually start when the property earns rent, is sold at a gain, is held through a foreign entity, or connects to foreign accounts above the $10,000 FBAR threshold. US citizens and resident aliens must report worldwide taxable income, even while living abroad, under ...
Form 1040 vs 1040-NR: how to choose the correct tax form
Not sure whether to file Form 1040 or 1040-NR? It comes down to your tax residency, and the IRS rules are more nuanced than they appear at first glance. Whether you're filing for the 2025 tax year in early 2026 or planning ahead for 2026, understanding your residency status is essential to choosing the correct form and avoiding costly mistake...