Serbinski Accounting Firms

Hello,

If we do apply the formula then we will be paying lesser than the tentative tax of 1040.

Aren't we paying lesser tax compared to the residents in USA filing married jointly using 1040?

So what is the reason behind this formula??

Many thanks for the response!

So it this formula correct to determine the tax payable on 1040NR?

(Form 1040NR Taxable income/Form 1040 Taxable Income) X 1040 Tentative Tax = Tax

(80000 / (80000 + 30000)) * X 1040 Tentative Tax = Tax payable on 1040NR

Many thanks. I have read a lot of post regarding that but I can't find concrete answers to the following 1) Spouse does not have SSN/ITIN - Is this ok? 2) Do we have to submit Spouse T4 as evidence of the joint income to IRS 3) Formula for calculating XXV Use the following formula to figure the comp...

[u]Case Study[/u] David is married with Jenny David - $80000 USD - W2 (US Employment Income) Status - Canadian Resident with USA SSN Jenny - $30000 USD - T4 (Canadian Employment Income converted to USD) Status - Canadian Citizen/Resident without USA SSN/ITIN Can David file 1040NR with Article XXV so...