Help! Non-resident 1040NR with short-term capital gains missing from Sprintax - not properly reported

This is a common issue with tax software handling non-resident returns with investment income. As a non-resident filing Form 1040NR, your short-term capital gains should be reported on Schedule NEC (Not Effectively Connected Income) if the trades weren't connected to a US business. The problem is that Sprintax might not be automatically generating Schedule NEC because it's not recognizing that your stock trades fall under this category. For non-residents, capital gains are generally only taxable if you were present in the US for 183 days or more during the tax year (the 183-day rule). What you need to do is verify whether your capital gains are taxable under your specific situation. If they are, you may need to manually indicate in Sprintax that you have Schedule NEC income, or possibly contact their support to help you properly categorize these gains. Alternatively, you might need to consider using different tax software that better handles this specific situation. Either way, don't submit an incomplete return. The IRS will definitely notice missing capital gains when they have the 1099-B information from Robinhood.

After spending hours trying to figure out how to report my crypto gains on my 1040NR, I finally found a solution with https://taxr.ai and it saved me so much headache! I'm also an F1 student and had similar issues with my tax software not properly reporting capital gains. I uploaded my Robinhood statements to taxr.ai and it analyzed everything automatically. It identified that my tax software wasn't properly handling the Schedule NEC requirement for non-residents with capital gains. The system helped me understand exactly what forms were missing and how to correct my return. What I really appreciated was that it explained the 183-day rule for non-residents and confirmed that my gains needed to be reported on Schedule NEC. The analysis even gave me step-by-step instructions for fixing the issue in Sprintax.

I tried taxr.ai after seeing the recommendation here and wow - it actually worked perfectly for my situation! I've been struggling with the exact same issue (F1 student with Robinhood gains not showing up correctly on my 1040NR). The analysis immediately spotted that my capital gains weren't being included in my AGI and explained that as a non-resident who met the 183-day presence test, I needed to report these on Schedule NEC. The step-by-step guidance for fixing this in Sprintax was incredibly clear. I also discovered that I'd been making another mistake in previous years by not properly reporting my scholarship income. The system caught this too and showed me how to correct both issues. I've already resubmitted my return and feel so much more confident now. Definitely worth it if you're dealing with these non-resident tax complications!

If you're still having issues with Sprintax after trying these fixes, I'd recommend using Claimyr (https://claimyr.com) to actually speak with an IRS agent about your specific situation. I was going in circles with tax software issues for my 1040NR and capital gains reporting, and finally decided I needed to hear directly from the IRS. The problem is that calling the IRS directly is nearly impossible - I tried for weeks and kept getting disconnected after hours on hold. Claimyr got me through to an actual IRS representative in under 45 minutes! You can see how it works in their demo video: https://youtu.be/_kiP6q8DX5c The agent I spoke with confirmed that as a non-resident who passed the 183-day test, my capital gains needed to be reported on Schedule NEC and taxed at a flat 30% rate (unless modified by a tax treaty). They also explained exactly which forms I needed to file and how to handle the software limitations.

I take back what I said about Claimyr. After struggling for another week trying to resolve my non-resident capital gains reporting issue, I decided to give it a try out of desperation. I was completely shocked when I got a call back connecting me to an actual IRS tax specialist who handled international tax matters. The agent confirmed exactly what I needed to do to properly report my Robinhood gains on my 1040NR (Schedule NEC was indeed the correct form since I met the 183-day test). She even helped me understand how the US-UK tax treaty affected my situation specifically. Without this call, I would have continued submitting incorrect returns. For anyone dealing with these complex non-resident tax situations, being able to actually speak with someone who knows the rules is invaluable. I've already recommended it to my other international student friends who are dealing with similar investment income reporting issues.

I had a similar issue with Sprintax last year. For non-resident 1040NR filers who have short-term capital gains, there's a specific way you need to enter the information. Instead of entering your stock transactions as 1099-B forms, try this: 1. Go to the "Income" section 2. Look for "Other Income" or "Income Not Effectively Connected with US Trade or Business" 3. Enter your net capital gains there (the total profit amount from all transactions) 4. In the description field, write "Short-term capital gains from stock trading" This should force Sprintax to generate Schedule NEC and include the amount in your AGI. The 30% flat tax rate will apply if you were present for 183+ days.

Just wanted to add that your tax residency status is super important here. As an F1 student in your 5th year, you mentioned being an "exempt individual" - but this only applies to the substantial presence test for determining if you're a resident or non-resident for tax purposes. If you've been in the US for 5 years already, double-check if you're still non-resident for tax purposes. F1 students typically can claim the exemption for 5 calendar years, so this might actually be your last year filing as a non-resident. If you are indeed still a non-resident, then yes, the 183-day rule applies to your capital gains, and they should be reported on Schedule NEC as others have mentioned.

I went through this exact same issue last year! After hours of frustration with Sprintax not properly handling my capital gains, I found that the key is understanding that as a non-resident who exceeded the 183-day presence test, your capital gains are subject to the 30% flat tax rate under IRC Section 871(a)(1)(A). The problem with most tax software is that they don't automatically recognize this situation. Here's what worked for me: 1. Don't use the 1099-B import feature in Sprintax 2. Go to "Other Income" and select "Income Not Effectively Connected with U.S. Trade or Business" 3. Enter your net short-term capital gains as a single amount 4. Make sure you answer "Yes" to having FDAP (Fixed, Determinable, Annual, or Periodical) income This should generate Schedule NEC and apply the correct 30% withholding rate. Also, since you mentioned you're in your 5th year, double-check your exempt individual status - you might be transitioning to resident alien status soon, which would completely change how your future investment income is taxed. If you're still having issues, consider getting a second opinion from a tax professional who specializes in non-resident returns. The cost is usually worth it to avoid potential problems with the IRS later.