FORco, a foreign corporation, opens a sales office in the U.S. and assigns a non
ID: 2590919 • Letter: F
Question
FORco, a foreign corporation, opens a sales office in the U.S. and assigns a nonresident alien to manage the sales office and make sales calls for five months before returning back to her home country.
FORco must file a Form 1120F and the nonresident alien must file a Form1040NR.
FORco does not have to file a Form 1120F and the nonresident alien does not have to file a Form 1040NR.
FORco must file a Form 1120F, but the nonresident alien does not have to file a Form 1040NR.
FORco does not have to file a Form 1120F, but the nonresident alien must file a Form 1040NR.
FORco must file a Form 1120F and the nonresident alien must file a Form1040NR.
FORco does not have to file a Form 1120F and the nonresident alien does not have to file a Form 1040NR.
FORco must file a Form 1120F, but the nonresident alien does not have to file a Form 1040NR.
FORco does not have to file a Form 1120F, but the nonresident alien must file a Form 1040NR.
Explanation / Answer
FORco must file a Form 1120F and the non resident alien must file a Form 1040NR
FORM 1120F :
A foreign corporation files this form to report their income, gains, losses, deductions, credits, and to figure their U.S. income tax liability.
FORM 1040NR :
You may be able to use this form if your only income from U.S. sources is wages, salaries, tips, refunds of state and local income taxes, scholarship or fellowship grants, and you do not claim any dependents.
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