Tax on royalty obtained from foreign source

LinkBack

Thread Tools

Search this Thread

Display Modes

#1 (permalink)

03-23-2015, 12:36 PM

District177 District177 is offline

Junior Member

Join Date: Mar 2015

Posts: 1

Tax on royalty obtained from foreign source

"I am a resident alien in USA and I received a royalty payment of 410,00.00 Canadian dollar as royalty payment (an unpaid royalty payment with interest from 2007-2012 for a patent sourced in Canada) this year. what tax do I have to pay?"

« Royalty | Correct W-4, incorrect witholding »

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts vB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are Off Pingbacks are Off Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Royalty Depreciation	lagal	For 2014	0	02-12-2015 08:36 PM
Student resident alien with a scholarship from a foreign source	aalanasari	For 2013	0	03-23-2014 09:45 AM
Schedule E Royalty Income	teague6403	Rental Real-Estate	4	01-23-2014 11:44 AM
Connecticut-source income	windrunner	S-Corporation	1	08-26-2013 10:28 PM
What is IRS Form 1042-S Annual Withholding Tax Return for U.S. Source Income of Foreign Persons?	TaxGuru	Income	0	07-06-2011 05:35 PM

» Categories

Ask TaxGuru?

Individual

» Income

» Estimated Taxes

» Capital Gains

» Itemized Deductions

» IRA/Sep

» Rental Real-Estate

» Alternative Minimum Tax

» Filing Requirements

» Sole-Proprietorship

» Medical

» Auto Expenses

» Social Security

» Tax Credit

» Depreciation

» Divorce Tax Issues

» Homeowner Tax

» Multistate

Corporations

» C-Corporation

» S-Corporation

» Limited Liability Company

» Payroll

» Multistate Tax Issues

» Non-Profit Organisation

» Trusts and Gift Tax Returns

Forum for CPAs

» CPA Forums

Financial Planning

» Estate Planning

» Retirement Planning

» Investment Strategy

» Education Planning

» Life Insurance

» Tax News

» Tax Calculators

» Downloads

» Contact Us

» Latest Tax Tips
How can I obtain the IRS 2021 Form W-7 with the...
IRS extends C Corporation filing date to May 17, 2021
Which Taxpayer Qualifies for Advance Payments?
How do you get a "147C Online- EIN Designation Confirmation...
What are the Foreign Earned Income Exclusion for 2019?

» Recent Tax Q&A
No Threads to Display.

» Free Downloads

Latest Files

What Are the Important Highlights Of 2010 Tax Law
EzWagez Payroll System
TurboCASH
AlauxSoft Accounts and Budget
Gas Mileage MPG Tracker