Tax Interview for Single Member LLC with Non resident
I have a question about the Tax Interview for my HAQM Seller account.
I’ve formed a Single-Member LLC in the U.S., but I myself am a non-resident. As I understand it, during the interview I should select “Individual,” because a Single-Member LLC is treated as a disregarded entity (i.e. it “passes through” to the owner).
From there, which citizenship/residency box do I tick?
“U.S. Citizen” — because my LLC is registered in the United States?
“Non-U.S. Citizen” — because I, the actual owner, am not a U.S. resident?
Finally, are the questions in this interview referring to the LLC (the company) or to me personally?
@CR_HAQM@Connor_HAQM
Tax Interview for Single Member LLC with Non resident
I have a question about the Tax Interview for my HAQM Seller account.
I’ve formed a Single-Member LLC in the U.S., but I myself am a non-resident. As I understand it, during the interview I should select “Individual,” because a Single-Member LLC is treated as a disregarded entity (i.e. it “passes through” to the owner).
From there, which citizenship/residency box do I tick?
“U.S. Citizen” — because my LLC is registered in the United States?
“Non-U.S. Citizen” — because I, the actual owner, am not a U.S. resident?
Finally, are the questions in this interview referring to the LLC (the company) or to me personally?
@CR_HAQM@Connor_HAQM
0 replies
Connor_HAQM
Hi @Seller_I0ohet7WxUp4L
Thank you for your question about the Tax Interview for your HAQM Seller account. As an HAQM representative, I'll do my best to provide guidance, but please note that for definitive tax advice, you should consult with a qualified tax professional.
You're correct that a Single-Member LLC is typically treated as a disregarded entity for U.S. tax purposes. Based on the information you've provided:
- You should indeed select "Individual" in the Tax Interview, as the Single-Member LLC is disregarded for tax purposes.
- For the citizenship/residency question, you should select "Non-U.S. Citizen." This is because the tax classification follows through to you as the owner, and you are a non-resident.
- The questions in the interview are generally referring to you personally, not the LLC. This is because the LLC is disregarded for tax purposes, and the IRS treats the business as an extension of you as an individual.
It's important to note that while your LLC is registered in the United States, for tax purposes, the IRS is concerned with the tax status of the owner (you) rather than the entity itself.
Remember, your situation as a non-resident with a U.S.-based Single-Member LLC can have complex tax implications. It would be advisable to consult with a tax professional who specializes in international taxation to ensure you're meeting all your tax obligations both in the U.S. and in your country of residence.
If you need further clarification on how to complete the HAQM Tax Interview specifically, I recommend contacting HAQM Seller Support directly. They can provide more detailed guidance on navigating the interview process.
For more information please take a look at our tax resources:
State Tax Registration Numbers
I hope this helps,
Connor