U.S. IRS Updates Practice Unit on Allocation and Apportionment of Deductions for Nonresident Alien Individuals

The U.S. IRS has released an updated international practice (concept) unit, Allocation and Apportionment of Deductions for Nonresident Alien Individuals. The general overview includes the following:

General Overview

Note: This practice unit was updated to edit information related to resources, to remove a reference that is no longer available, and for editorial changes and supersedes the October 12, 2016 practice unit with the same title.

Internal Revenue Code (IRC) 871(b) provides that…