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Americans should read this...
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dlathrop

Členom od May 21, 2012  33 príspevkov dlathrop Jun 16 2012 at 09:46
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Yes, I think some rioting would do us some good. I believe that we should be made (very clearly) aware of the risks of FX trading but not regulated so much...

There are risk-lovers and there are risk-haters, but the best traders will take the risk as long as they get paid for it.
Mevo

Členom od May 23, 2012  62 príspevkov Mevo Jun 18 2012 at 10:48
Just to add some explanations about the '2 months per year for 3 years' US residence raidenworks was talking about ealier in this post, it is really in fact approx. 4 months per year as year -1 only counts for 1/3 and year -2 only counts for 1/8 of days of presence.

If you calculate the 'average' maximum presence per year you can be in the US to *NOT* be considered tax resident for 3 years, it is 125 days per year (125+125/3+125/8=182,29), which is aprox. 4 months.
An average of 126 days per year would be too much ! (126+126/3+126/8=183,75)

Raidenworks (thanks!) kindly sent me the IRS link by private message about this:
http://www.irs.gov/pub/irs-pdf/p519.pdf

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