Discussion:Single (Foreign) Member LLC - Filing Requirements?
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| Revision as of 21:02, 24 August 2007 Bmatt (Talk | contribs) (New Discussion) ← Previous diff |
Current revision LKfromCANADA (Talk | contribs) (A foreign person) |
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| It is my understanding that he needs to file 1040NR only if he was "engaged in a business or a trade in the United States" for 2006. I am not sure how to interpret this statement. Any help would be appreciated. | It is my understanding that he needs to file 1040NR only if he was "engaged in a business or a trade in the United States" for 2006. I am not sure how to interpret this statement. Any help would be appreciated. | ||
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| + | {{ForumReplyPost|UserID=LKfromCANADA|Date=28 August 2007|Text=A foreign person is deemed to be "engaged in a trade or business in the United States" is he is a member of an LLC, partnership, etc. that is "engaged in a trade or business in the United States". Basically, he is acting through an agent. | ||
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| + | Hope this helps.}} | ||
Current revision
Discussion Forum Index --> Tax Questions --> Single (Foreign) Member LLC - Filing Requirements?
| 24 August 2007 | |
| My client is an Australian permanent resident who is the single member of a Delaware LLC. The LLC is earning advertising revenues from US companies that are deposited in a US bank account. The blogs (his business) are operated in Australia.
It is my understanding that he needs to file 1040NR only if he was "engaged in a business or a trade in the United States" for 2006. I am not sure how to interpret this statement. Any help would be appreciated. | |
LKfromCANADA (talk|edits) said: | 28 August 2007 |
| A foreign person is deemed to be "engaged in a trade or business in the United States" is he is a member of an LLC, partnership, etc. that is "engaged in a trade or business in the United States". Basically, he is acting through an agent.
Hope this helps. | |
