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ID Form 1040 (Schedule C): What You Should Know
See the General Exclusion and General Exemption Deductions and Exclusion Rules. Hawaii Financial Advisors, Inc.'s Annual Report 2023 — The State of Hawaii | Financial Advisors If an individual is not a U.S. citizen or resident of the U.S., the individual must complete the following form when filing a joint (and later, single) return if neither person has a U.S. tax return to file (Form 1040NR): Form 1040-NR — U.S. Individual Income Tax Return on Form 1040 The following is an example of a joint return. In this example, both spouses are eligible to file joint return, with one spouse not claiming any special exemptions from the state income taxes (other than the exemption from Federal income tax paid by the spouse that is filing a separate return under U.S. rules, Form 1040EZ): Marriage is not recognized as a qualifying relationship for Federal tax purposes; however, Guam spouse is permitted to claim the exemption for Guam on joint return. The total itemized deductions of each spouse for the calendar year is 31,800. The only itemized deduction for the couple that is allowed by the non- Guam resident spouse is the 20,600 itemized deduction allowed for his/her Guam personal exemption. The following table details the deductions allowed by the non- Guam resident spouse under Guam law: Taxpayers who want to deduct the non- Guam resident's Guam personal exemption for herself/himself on a joint return can either take the entire 20,600 and use it on her/his own Guam income, or take all of it (31,800), and use it on her/his Guam taxable income. The non- Guam resident can always take the entire exemption amount on her/his personal Guam tax return when she/he files Form 709 (U.S. Individual Income Tax Return). There are no exemptions for Guam on a Guam tax return. Therefore, for tax year 2017, if the non- Guam resident spouse does not claim an exemption on his/her own Guam income tax return, he/she cannot take the entire 20,600 of allowable Guam deductions and use it on a joint return. Therefore, the spouse claiming the exemption must claim a deduction for only the 30,280 for himself/herself in his/her own tax return on Guam to take the entire exemption amount and use it on his/her own Guam tax return.
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