I got my green card and came to US on Sep 2023. Before that, I was working in UAE. Do I need to report my income from Jan to Aug 2023?

Forum|Forum|2 years ago
April 13, 2024
1 reply
0 views

No text available

TurboTax Online

Best answer by olivercm8

But does this affect FBAR filing? As most of that income was in a bank outside US.

How will I elect my status as US resident?

Thank you for your answer!

Vanessa A

No. Not as long as you do not make an election to be treated as a US Resident for the entire year. You would only include income from the time you received your Green card on your return.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

olivercm8AuthorAnswer

But does this affect FBAR filing? As most of that income was in a bank outside US.

How will I elect my status as US resident?

Thank you for your answer!

Vanessa A

Your residency start date is when you got your green card. So, yes, if you have more than $10,000 in foreign accounts after you got your green card, you would need to file a FBAR.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"