From: Jack
Date: Tue, 19 Jul 2005
I bought my house in January, 2004. I have to sell it because I have to re-locate to Taiwan for job reasons. I assume I can apply for a partial $250,000 exclusion. Is that true? I am not a U.S. citizen nor a permanent resident.
I need someone to write a letter to help me avoid California tax withholding for the sale. Who should I turn to, a CPA or an attorney?
Best regards,
Jack
Answer
Date: Mon, 08 Aug 2005
Although you don't have the legal immigration status as a permanent resident, it appears to me you may be taxable as a resident. I suggest that you consult with a CPA who is familiar with the taxation of aliens in the U.S.
I am not aware of any restriction where nonresident aliens aren't eligible for the exclusion from the sale of a principal residence.
Either a CPA or tax attorney can write the letter that you need.
Good luck!
Mike Gray
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