tax question
Mar 31st 2020, 2:04 pm
#1
Just Joined
Thread Starter
Joined: Oct 2018
Posts: 1
tax question
I am hoping to open a brokerage account with TD Ameritrade to trade options. I am wondering if I will need to fill in a US tax return after I return to the UK for good?
A bit of background: I have been doing a secondment in the US since January 2019. Throughout my secondment I am still employed by my UK employer and my salary is paid in pounds to my UK bank account. I am on the E2 visa and I have a SSN.
A bit of background: I have been doing a secondment in the US since January 2019. Throughout my secondment I am still employed by my UK employer and my salary is paid in pounds to my UK bank account. I am on the E2 visa and I have a SSN.
Apr 3rd 2020, 11:37 am
#2
BE Forum Addict
Joined: Mar 2015
Location: NC, USA (ex Yorkshire)
Posts: 4,375
Re: tax question
Discuss with TD what their policies are for non-residents. Some broker/dealers only allow LPR/USC.
Apr 4th 2020, 9:11 pm
#3
Joined: Dec 2001
Location: Dixie, ex UK
Posts: 52,439
Re: tax question
If you are living and working in the US you are liable for US income taxes and social security deductions irrespective of where your salary is credited and whether tax has been deducted in the country where your pay is credited. ... Some people have an employer who settles up taxes with the IRS for employees on second secondments in the US; I hope yours is one of them. 
