File 1040

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brianbbc
Posts: 113
Joined: Fri Apr 25, 2014 9:17 pm

File 1040

Post by brianbbc »

As a Canadian citizen and resident only, is it necessary to file a 1040 with the IRS if the only source of US based income is dividends, capital gains or retirement account distributions (ira, roth no penalties) assuming I file a w8ben with my brokerage company and they withold the proper taxes. My thought is the w8ben will eliminate the need of filing a 1040.
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nelsona
Posts: 18677
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: File 1040

Post by nelsona »

Correct. If you have no US-source connected income, and correct withholding on your NEC income, you do not need to file.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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