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Printable Form 2555-EZ Sunnyvale California: What You Should Know

Tax Information for Nonresidents — Federal Taxation for U.S. and Foreign Citizens and Residents of Canada Foreign resident status allows you to keep your U.S. income out of the hands of the U.S. Treasury. Nonresident aliens are generally taxed as U.S. citizens on all their U.S. source income. Foreign residents of Canada are also taxed as U.S. citizens on all their Canadian source income. However, the Internal Revenue Service (IRS) will tax U.S. citizens and residents of Canada on the first 97,200 that they derive from sources outside of America.

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