Definition

Form 1040-NR is the federal income tax return for nonresident aliens, who are generally taxed only on U.S.-source income. Someone whose status changes during the year may file a dual-status return combining 1040-NR and the standard 1040. Choosing the right form follows from your residency determination.

1. H-1B Visa Holders: A Complete Guide to Personal Finance in the US

   Managing money on an H-1B visa involves unique challenges that most standard financial advice does not address: dual-country tax obligations, visa-dependent career planning, and investments that do not translate internationally.
   immigrant finance

1. Resident Alien vs. Nonresident Alien

   IRS tax categories that determine whether you are taxed on worldwide or only U.S. income.
2. Substantial Presence Test

   The IRS day-counting test that determines if you are a U.S. tax resident.
3. ITIN (Individual Taxpayer Identification Number)

   A tax ID for people who must file U.S. taxes but are not eligible for a Social Security number.