From: Jean H. Heegaard < >
Date: Sun, 18 Apr 1999 12:37:04 -0700
X-Mailer: Mozilla 4.5 [en] (X11; I; Linux 2.0.36 i686)
Status: RO

Hi Stefan,
Another disadvantage of being a resident may arise in the case you
succeed to qualify for a Swiss-US tax treaty. This tax treaty applies to
foreign who teach in the US as part of their job, and exempt them from
paying US taxes for a max period of 2 years --- Yes!!! you don't pay a
penny of federal taxes for 2 years (I had it before obtaining my green
card). However you must be non resident to qualify for this treat(y)
(i.e. J-1).
Hope you qualify....
Jean

-- 
=======================================================================
Jean Heegaard, Ph.D.                   
Assistant Professor
Biomechanical Engineering Division               phone: (650) 725-3585
Department of Mechanical Engineering             fax  : (650) 723-1778
Stanford University
Stanford, CA 94305-4040
=======================================================================
Laurent Mieville wrote:
> 
> Hello Stefan,
> 
> The only disavantage I remember is that you will have to declare income from
> foreign accounts as a resident.
> 
> This is not necessary when you are a non resisdent.
> 
> Best,
> 
> Laurent M.
> 
> -----Original Message-----
> From: Stefan Marti <stefanm_at_media.mit.edu>
> To: swiss-list_at_lists.Stanford.EDU <swiss-list_at_lists.Stanford.EDU>
> Date: mardi, 13. avril 1999 23:11
> Subject: swiss-list: federal taxes: disadvantage of filing as a resident?
> 
> >hi everybody,
> >
> >i am a 2nd year grad student and RA at MIT, and i have the following
> >question: everybody seems to try to be a non-resident for federal tax
> >purposes (substantial presence test, 5-year exemption to it, etc.). i
> >could be considered as a non-resident (and that's indeed what i filed for
> >last year).  however, if i would file as a resident instead of a
> >non-resident, i would pay much less taxes (in the range of 500$ less).
> >
> >is there a DISADVANTAGE of being considered as a USA resident for federal
> >tax purposes?
> >
> >thanks a lot!
> >
> >-stefan
> >
> >_________________________________________________
> >Stefan J.W. Marti
> >M.I.T. - The Media Laboratory - Speech Interfaces
> >
> >office: phone (617) 253-8026, fax (617) 258-9165
> >20 Ames Street, E15-352, Cambridge, MA 01239-4307
> >
> >home: phone and fax (617) 547-9979
> >100 Winter Street #2, Cambridge, MA 02141-1241
> >
> >http://www.media.mit.edu/~stefanm/
> >_________________________________________________
> >
> >
> >
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> >
> 
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