Basic Foreign Certificate Program LIVE: Non-residents with U.S. Income
IRS Program #: X9QQU-T-00916-22-O
CTEC #: 6257-CE-0116
CE: 1 IRS credit & 1 CTEC credit
Speaker: Fernando Juarez Hernandez, EA, LLM

From a tax perspective, a nonresident deriving income from the U.S., could be subject to different tax implications. The rules for Fixed, determinable, annual or periodical (FDAP) income are completely different from effectively connected income (ECI). This course will provide a high-level overview of the types of income that a foreigner can obtain from the U.S. Additionally, this course will discuss the specific tax implications for nonresidents with ECI income and will guide practitioners with Form 1040NR.

Learning Objectives:

• Understand, interpret, and complete Form 1040NR
• Understand, interpret, and complete Form 8843