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What is the difference between how a nonresident and a resident are taxed?

April 26, 2017nonresident resident TAXED

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What is the difference between how a nonresident and a resident are taxed?

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A nonresident is taxed on income from U.S. sources only. A resident, on the other hand, is taxed on worldwide income. Nonresidents may also be exempt from certain types of taxes, whereas residents not.