Posts Tagged ‘tax computation process’

QUESTION 1: Is this the proper method of computing taxable income for a nonresident alien? 1. I.R.C. 61 is gross income. 2. I.R.C. 861/862 breaks that 61 gross income into within and without the U.S. 3. I.R.C. 862 is peeled off because not a U.S. source. I.R.C. 872 (exclusions) IMPLEMENTS the filtering of 862. 4.…