GLOSSARY · VISA-HOLDER FINANCE
First-year choice
An election that lets someone who misses the substantial presence test in their arrival year, but meets it the next year, be treated as a resident from part-way through the arrival year. It requires 31 consecutive days of presence and presence on at least 75% of the days from then to year end, and is made with a statement attached to Form 1040.
Also called: first year election, choosing resident status first year
COMPUTE IT WITH YOUR NUMBERS
LEARN IT PROPERLY
CHAPTER · ARRIVING AND WORKING ON A VISA · FOUNDATIONSYour First Year: Dual Status and the First-Year ChoiceRELATED TERMS
SOURCES
- Publication 519, U.S. Tax Guide for Aliens. Internal Revenue Service.