question about Non Resident (NRA) tax withheld

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Subject Author Date question about Non Resident (NRA) tax withheld kb 04-12-2008  Re: question about Non Resident (NRA) tax withheld parrisbraeside@yahoo.ca 04-14-2008
Posted by kb on April 12, 2008, 4:59 pm Please log in for more thread options Hi, I fall into the NRA Non Resident category and after opening an account with a USA broker, was required to file the W8-Ben form. If my stock paid a dividend, is it true that 30% (or a percentage) of the dividend will be withheld from me due to my status as NRA investor? -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Posted by parrisbraeside@yahoo.ca on April 14, 2008, 9:00 pm Please log in for more thread options > Hi, > > I fall into the NRA Non Resident category and after opening an account > with a USA broker, was required to file the W8-Ben form. > > If my stock paid a dividend, is it true that 30% (or a percentage) of > the dividend will be withheld from me > due to my status as NRA investor? > yes -- << ------------------------------------------------------- >> << The foregoing was not intended or written to be used, >> << nor can it used, for the purpose of avoiding penalties >> << that may be imposed upon the taxpayer. >> << >> << The Charter and the Guidelines for submitting posts >> << to this newsgroup as well as our anti-spamming policy >> << are at www.asktax.org. >> << Copyright (2007) - All rights reserved. >> << ------------------------------------------------------- >> Similar Threads Posted Non Resident filing question February 5, 2007, 8:22 pm NYS "resident credit" (it-112) income question March 22, 2009, 6:24 pm CA part-year resident question May 29, 2009, 11:26 am SIMPLE QUESTION RE: NJ INCOME TAX FOR TOTAL NON-RESIDENT April 12, 2007, 12:25 am No State Tax withheld! December 28, 2006, 12:26 am Illinois tax withheld from K-1-P January 4, 2007, 8:54 pm Relatively simple question: Michigan Resident, New York Internship November 29, 2007, 5:54 pm Foreign Tax Withheld - Bottom Line Effect August 19, 2007, 10:18 pm Re: Foreign Tax Withheld - Bottom Line Effect August 26, 2007, 3:00 am Re: Foreign Tax Withheld - Bottom Line Effect August 30, 2007, 11:20 pm