Comply Exchange Logo

DRAFT Publication 519 For Use in Preparing 2021 Returns!

On February 2, 2022, the Internal Revenue Service (IRS) posted Publication 519, U.S. Tax Guide for Aliens, for use in preparing 2021 returns. One note to remember here is that for the tax year 2021, individuals or humans are not able to claim the COVID-19 medical condition travel exception to exclude days present in the United States in 2021 for purposes of calculating the substantial presence test. It is possible, though, that days present in the United States in 2020 may impact the calculation of the substantial presence test for the 2021 tax year.

For more information on this exception for the 2020 tax year, check out the IRS FAQs for Nonresident Alien Individuals and Non-U.S. Businesses with Employees or Agents Impacted by COVID-19 Emergency Travel Disruptions:

https://www.irs.gov/newsroom/faqs-for-nonresident-alien-individuals-and-foreign-businesses-with-employees-or-agents-impacted-by-covid-19-emergency-travel-disruptions

Also, check out the DRAFT Pub. 519 here:

https://www.irs.gov/pub/irs-dft/p519–dft.pdf

Make sure to follow Comply Exchange for more industry updates and subscribe to the Comply Catch-up for a full industry round-up at the end of each month!

DRAFT Publication 519 For Use in Preparing 2021 Returns!

You might also enjoy

Join our mailing list!

About Us

Comply Exchange was built to give businesses and individuals alike the support that they need to comply with the complex and ever-evolving regulatory tax burdens imposed by the IRS and other global authorities with respect to information reporting and withholding.

Reach out to our experts today to schedule a demo and see how our software and services can help you streamline and automate your tax compliance needs.