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Posted by removeps-groups@yahoo.com on April 8, 2008, 6:24 pm
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> Can somebody advise me of the NR tax rate for long-term capital gain
> (e.g. stock held for 1+ year) and qualified dividend? Somehow I feel
> very confused by the rules I found. Thanks.
This stuff is sort of new to me too, so here is my research:
Long term capital gain = 30% if in the US for 183 days or longer
Long term capital gain = 0% if in the US for 182 days or shorter
Ordinary or qualified dividend = 30%
Was your dividend from a foreign company that is cross-listed on the
US exchanged? If yes, then the tax is 0%.
1040NR instructions
http://www.irs.gov/instructions/i1040nr/ch02.html#d0e6216
Text of IRC 871(a)
http://www.taxalmanac.org/index.php/Internal_Revenue_Code:Sec._871._Tax_on_nonresident_alien_individuals
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