Important
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For information call now:
(347) 989-4566
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Additional information
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Internal Revenue Service
Austin Service Center
ITIN Operation
P.O. Box 149342
Austin, TX 78714-9342
IN
1-800-829-1040
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Investment Income
Investment income from U.S. sources that may or may not be treated as
effectively connected with a U.S. trade or business generally falls into the
following three categories.
1. Fixed or determinable income (interest, dividends, rents,
royalties, premiums, annuities, etc.).
2. Gains (some of which are considered capital gains) from the
sale or exchange of the following types of property.
a. Timber, coal, or domestic iron ore with a retained economic
interest.
b. Patents, copyrights, and similar property on which you
receive contingent payments after October 4, 1966.
c. Patents transferred before October 5, 1966.
d. Original issue discount obligations.
3. Capital gains (and losses).
Use the two tests,
Asset-Use Test and
Business-Activities Test, described next, to determine whether an item of
U.S. source income falling in one of the three categories above and received
during the tax year is effectively connected with your U.S. trade or business.
If the tests indicate that the item of income is effectively connected, you must
include it with your other effectively connected income. If the item of income
is not effectively connected, include it with all other income.
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