Foreign companies and properties in the US

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Taxes for foreigners in the USA will depend on the status that person has. There are two ways to determine this: the Green Card , which grants you permanent residence in the country , and the Substantial Presence Test , a criterion used by the United States Internal Revenue Service (IRS) to determine whether a foreigner should be considered a tax resident . It depends on whether you are a resident or non-resident, so your taxes are different. These are the main ones:

Federal income tax : Foreigners with iran phone number library permanent residency will have to pay this tax on their worldwide income. In contrast, non-resident foreigners are only required to declare earnings earned in the country. Federal rates vary depending on annual income, from 10% to 37%. For example, a non-resident working in the US with an income of $50,000 could pay between 12% and 22%, also depending on their deductions.
State and local taxes : In addition to the federal tax, some states such as New York or California have their own taxes with rates ranging from 2% to 13%.
Payroll tax : All foreign workers in the country must contribute from their payroll to pay fees to maintain certain insurance policies, such as Social Security and Medicare. The combined fees are 7.65% of gross wages. There are certain treaties that exempt some foreign students from paying this fee.
Tax benefits for foreigners in the US
In addition to all the taxes for foreigners in the USA that we have detailed in the previous section, not everything is paid in the United States.