October Monthly Meeting
"International Update, Foreign Self-Employment and Exclusion Situations"
With Jean Mammen, EA
When: 5:00 PM - 7:00PM, Wednesday, October 28
Where: Via Zoom
- Understand Covid-19 related exceptions to time requirements for:
Form 2555 – Physical Presence Test for FEIE (2019, 2020 filing))
Form 8843 – Using medical exception to avoid meeting the Substantial Presence Test (2019)
- Understand the 2020 changes to Form 1040-NR
Understand how mirroring Form 1040 and Form 1040-NR and efiling may simplify bringing filers into compliance with USCIS and IRS rules.
- Understand correct U.S. tax filing on self-employment income earned as a ‘foreigner’
Must SE tax be paid? To whom? (IRC and ISSA)
Form 1040 with Form 2555 when there is a Schedule C
Where and how to enter SE income and exclusions on Form 2555
How SE tax interacts with income tax on Form 1040
Form 1040-NR and SE tax rules when there is a Schedule C
About Our Speaker: Jean Mammen, EA FSO (ret.)
Jean Mammen is the author of “1040NR? or 1040? U.S. Income Tax Returns for Visa Holders + International Organization and Foreign Embassy Employees”, 7th Classic Edition. She writes blog posts, seminars, and webinars on a variety of international topics affecting individuals.
Her website, www.1040nror1040.com , includes “Sample Returns” – Three case studies, one for a simple Form 1040-NR return, and two J1 visa holders qualifying for a treaty income exclusion, One is a second year filer on Form 1040-NR, one a third year filer on Form 1040.
Her specialty is the income tax concerns of international individuals with a U.S. income tax filing requirement. Jean’s perspective comes from spending 30 years among people who live or work outside their country of citizenship. She was a Peace Corps Volunteer and a Foreign Service Officer.
Jean is an Enrolled Agent and a member of NAEA and NATP.
*MaSEA members, please use the email address that was used to create your NAEA membership to ensure that you receive the membership discounted price.*
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