Residency - I am Canadian, but live in a non-treaty country. If I am in the US for 100+ days per year....?

If I live in the US for more than the 183 > (this year days + prior year days/3 + prior year days/6) test, what happens? I become resident for US tax purposes, but what does that mean?

I've been out of Canada a long time and no longer file there (no Canadian income).

If I'm required to file in the US, is my investment income taxable? At what rates? Florida is my target state, and I am told there is no state income tax there...

MadMan2010-03-29T07:57:33Z

Favorite Answer

All your worldwide income is taxable. Investment income is taxed at your income tax levels.