Everything nonresidents need to know about the W-2 and 1099 forms
Have you just received a W-2 form from your employer for the 2020 tax season?
If so, you may be asking yourself what it is and what you need to do with it.
Every year, nonresidents and international students who have earned an income in the US will receive a W-2 form from their employer – outlining wage and salary information. In addition, you may also receive a form 1099 detailing different types of income received during the year e.g., self-employed income, interest on bank accounts, stocks bonds or dividends.
In this guide, we will outline how to use these forms when filing your tax return.
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