Determining US Residency - Part I

Determining US Residency - Part I - Patrick Evans CPA, CGMA, takes you through US residency status in detail.

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Determining US Residency  -  Part I

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0:54 Why is residency status important?  The first thing you must know in order to file your tax return is whether you are a resident or nonresident for U.S. tax purposes.  

01:44 How to determine your residency status?  The two tests for determining whether you are a resident or nonresident alien are explained on the first few pages of IRS publication 519 and I will give a brief summary of each.

03:43 Exempt Individuals.  An exempt individual is someone whose days in the United States are not counted toward the substantial presence test, not someone who is exempt from tax.

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