Lars is a citizen and resident of Belgium. He has a full-time job in Belgium and has lived there with his family for the past 10 years. In 2020, Lars came to the United States for the first time. The sole purpose of his trip was business. He intended to stay in the United States for only 180 days, but he ended up staying for 210 days because of unforeseen problems with his business. Lars came to the United States again on business in 2021 and stayed for 180 days. In 2022 he came back to the United States on business and stayed for 70 days. a-1. Determine if Lars meets the U.S. statutory definition of a resident alien in 2020 under the substantial presence test. Meets the definition of a resident alien. Does not meet the definition of a resident alien. a-2. Determine if Lars meets the U.S. statutory definition of a resident alien in 2021 under the substantial presence test. a-3. Determine if Lars meets the U.S. statutory definition of a resident alien in 2022 under the substantial presence test.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Lars is a citizen and resident of Belgium. He has a full-time job in Belgium and has lived there with his family for the past
10 years. In 2020, Lars came to the United States for the first time. The sole purpose of his trip was business. He
intended to stay in the United States for only 180 days, but he ended up staying for 210 days because of unforeseen
problems with his business. Lars came to the United States again on business in 2021 and stayed for 180 days. In 2022
he came back to the United States on business and stayed for 70 days.
a-1. Determine if Lars meets the U.S. statutory definition of a resident alien in 2020 under the substantial presence test.
Meets the definition of a
resident alien.
Does not meet the definition
of a resident alien.
a-2. Determine if Lars meets the U.S. statutory definition of a resident alien in 2021 under the substantial presence test.
a-3. Determine if Lars meets the U.S. statutory definition of a resident alien in 2022 under the substantial presence test.
Transcribed Image Text:Lars is a citizen and resident of Belgium. He has a full-time job in Belgium and has lived there with his family for the past 10 years. In 2020, Lars came to the United States for the first time. The sole purpose of his trip was business. He intended to stay in the United States for only 180 days, but he ended up staying for 210 days because of unforeseen problems with his business. Lars came to the United States again on business in 2021 and stayed for 180 days. In 2022 he came back to the United States on business and stayed for 70 days. a-1. Determine if Lars meets the U.S. statutory definition of a resident alien in 2020 under the substantial presence test. Meets the definition of a resident alien. Does not meet the definition of a resident alien. a-2. Determine if Lars meets the U.S. statutory definition of a resident alien in 2021 under the substantial presence test. a-3. Determine if Lars meets the U.S. statutory definition of a resident alien in 2022 under the substantial presence test.
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