i understnad i dont have to pay any taxes with canada on my winnings but how does this work out with the us. Im not using an american broker and not holding residence in the USA. Do i still have to pay taxes on winnings?? Also i had heard thats theres also a limit to which the IRS allows you to keep on stock winnings. I think i heard the number is aroun 100,000 grand, meaning if you make mreo than this then youll start to have to pay taxes but anything lower you wont. Is THIS TRUE??
if you aren't a resident then you don't have to pay US taxes but what you may define as resident and what IRS defines as resident may be two different things
i think im going to call the international irs number and ask but i feel like theyre gonna give me a bunch of bs ways for me to pay the most on capital gains lol. I dont think theyll tell me loopholes and stuff like that,
Hilarious, "loopholes" from IRS. If you're an US citizen then there's a lot you have to read when it comes to filing taxes and yes, no matter your residency you have to pay at least something.