I’ve been living outside the US this year and just moved back. I’m therefore a non-resident for tax purposes in 2018 (not a citizen/GC holder). If I sell the shares I own before Dec 31, can I assume I won’t have to pay US capital gains taxes? I bought the stock a couple of years ago when I was a resident for tax purposes (if it matters). Thanks!
- Oracle LeadpaintYou’d be better off asking that to a tax attorney than to random strangers on the internet
- Note that to be considered a resident, you need to look also at how many days you’ve been in the US in the last 3 years. Thus said.... if you sell the shares by December 31st, they’re a taxable event in this year.
But, to be sure, ask an accountant.
- According to irs.gov tax residency for aliens only looks at the current calendar year (not 3 years?). Am I missing something?