As an alien or non U.S. citizen running a LLC in NYC, do I qualify for and get the benefit of any deductions and credits?
A nonresident Alien who has a LLC or other small business in New York can claim deductions but they cannot be related to income that is not from the United States. There are personal exemptions as well as certain itemized deductions that you can claim as long as you can provide proof that they are connected to your U.S. income.