Under U.S. tax law, what is a "resident?"

Question

Quizplus · Accepted Answer

A resident for tax purposes can be either a person or a corporation. For individuals, the IRS considers someone to be a resident if they meet either the substantial presence test (being physically present in the U.S. for at least 31 days during the current year and 183 days during a 3-year period that includes the current year and the 2 years immediately before) or hold a "green card" from the U.S. Immigration and Naturalization Service. A corporation organized in the U.S. is also considered a resident for tax purposes.

Under U.S. Tax Law, What Is a "Resident