Most people are not aware, but all international students and their dependents who present in the US under F, J, M and Q nonimmigrant status must file form 8843, “Statement for Exempt individuals”, even if they received NO US-sourced income during the past year.
Please note that Form 8843 is not a US income tax return. It is an informational return required by the US Internal Revenue Service (IRS), to be filed by certain non-immigrant visa holders in order to confirm their tax-exempt status. Failing to provide Form 8843 may result in future US taxation over the individual’s worldwide income.
If the individual is not required to file a US income tax return, he/she will still need to file Form 8843 before the IRS by June 15, 2018. Complying with US tax regulations is mandatory in order to benefit from the tax exemption during the duration of his/her status and the fulfillment of other tax obligations may be applicable depending on the case.
If you need assistance to complete and to file Form 8843 prior to June 15, please do not hesitate to contact HAYMAN-WOODWARD. Our seasoned tax professionals will be able to guide you through each and every step of your process.
If you have plans to internationalize your investments, develop business, and begin your expatriation process, it is important to have a team of lawyers with proven experience, acting in several jurisdictions and accredited by their respective governments. Our highly specialized professionals possess the technical skills required to evaluate the best alternatives and meet your needs and expectations.
To know which immigration option best suits your profile and that of your family, in addition to knowing more about the many possible alternatives for your projects to develop successfully, talk to one of our expert attorneys. Schedule a consultation with HAYMAN-WOODWARD now.
Our attorneys will assist you in all the details of your expatriation, at all stages, including business development in the United States. For our law firm, each case is unique and is treated as such, with personalized and individualized solutions.
HAYMAN-WOODWARD PLLC is a Washington (D.C) based law firm, specializing in immigration and federal tax laws. All legal services are provided by duly-licensed attorneys in each jurisdiction.