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Mark for follow up Question 58 of 75. Which statement best describes a nonresident alien (foreign national) of the U.S.? O An individual who is not a U.s. citizen or a resident alien. o A U.S. citizen who has renounced their US. citizenship. ⓔ A taxpayer who is not required to file a U.S. income tax return. 0 A foreign diplomat stationed in the U.S. for three years. Mark for follow up
Question 61 of 75. Bronson sustained a $43,290 NOL in 2017. He made no special elections, and his loss is reported on Form 1040, Schedule C. The first year Bronson carries his NOL is: ○ 2012 2013 ○ 2014 ○ 2015 □Mark for follow up
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Answer to Q#58 First question in the list): Option-(A): An individual who is not a U.S. citizen or a resident alien. Reason: The U.S. requires everyone who earns an income win the U.S. to pay taxes on that income, including foreign nationals. As such, foreign nationals are classified as resident or nonresident aliens by the IRS. In U.S.A., a person who is not a U.S. citizen and does not pass the green card or substantial presence tests used to determine tax status is called as a nonresident alien in the U.S. for tax purpose. Further, to classify taxpayers as nonresident aliens, the IRS calculates how much time they spend in the U.S. Those who do not have or qualify for a green card, or who have been in the U.S. fewer than 31 days in the calendar year and 183 days during the last three years file tax returns as nonresident aliens.

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