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Non-US Tax Reporting – 1042S – 2020

Non-US Tax Reporting – 1042S – 2020

Aired On

Mar / 04 / 2021
2:00 pm - EDT
Nancy Nelson
Interactive Brokers

US non-residents are subject to US withholding tax. This tax withholding is reported to the US government and also reported to you annually. The purpose of this webinar is to review the setup of your account to minimize US withholding taxes. We will also review the annual US tax forms you will receive, and consider whether or not a US Tax filing is necessary.

Disclosure: Interactive Brokers

The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security. To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice. To the extent that it includes references to specific securities, commodities, currencies, or other instruments, those references do not constitute a recommendation by IBKR to buy, sell or hold such investments. This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers. Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Interactive Brokers, its affiliates, or its employees.

Disclosure: Tax-Related Items (Circular 230 Notice)

The information in this material is provided for informational purposes only and does not constitute tax advice and cannot be used by the recipient or any other taxpayer to avoid penalties under any federal, state, local or other tax statutes or regulations, or to resolve any tax issue.

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