IRS Provides Relief to Accidental U.S. Residents

Many nonresidents stuck in the U.S. during the COVID-19 outbreak asked the same question that The Clash asked many years before: ‘Should I stay, or should I go?” A nonresident alien faced “trouble” by traveling during the height of the outbreak, potentially risking her health or the health of others. But she potentially risked “double” taxation if she stayed in the U.S. longer than expected and became an “accidental resident” subject to U.S. tax on her worldwide income.

Read Ivins, Phillips & Barker’s full alert for details on new relief from the IRS.