substantial presence test

8 FAQs on Exempted Days That are not Counted for Tax Residency ?

exempted daysExempted days are  days of your physical presence in USA , but still those days are out of counting of number of days present in USA for the purpose of tax residency. As readers are already know that tax residency of a person is found out by a test called substantial presence test . But it is equally important to know that while counting your physical presence  in USA ,you can actually reduce certain days of visit to USA undertaken in special circumstance. These days are called Exempted Days  .Here are eight FAQs on exempted days Read More »8 FAQs on Exempted Days That are not Counted for Tax Residency ?

Who Are Exempt Individuals Under US Tax Residency Laws ?

exempt individualsExempt individuals are certain types of individuals whose physical presence in USA is not counted fro tax residencey purpose .In earlier articles on tax residency , readers were informed that for determining the tax residency , a substantial presence test is done to determine if the person concerned was in USA for specific number of days .It was also stressed that certain physical presence days are not counted or exempt days for determination of tax residency under Internal Revenue Code. Apart from exempt days , US tax law provides that number of days of presence of certain individuals may may not count for determining the number of days of substantial presence in USA. This benefit is allowed to very limited number of persons referred as exempt Individuals. Read More »Who Are Exempt Individuals Under US Tax Residency Laws ?