How is my home income taxed in America?
If I’m a permanent resident (a green card holder) since 9/1/2024 and I’m leaving today for home, should I pay taxes in US on the income I’ve received in my home country this year?
If I’m a permanent resident (a green card holder) since 9/1/2024 and I’m leaving today for home, should I pay taxes in US on the income I’ve received in my home country this year?
@sondmitry , what I am getting from your short post and reply to my colleague @Anonymous_ , is
(a) you were admitted to USA with a GreenCard on 09/01/2024. Thus you are a US person and taxed on your world income for the calendar/Tax year 2024.
(b) assuming that you had no other stay in the USA during year 2024 or earlier, your Resident period starts on 09/01/2024 ( the first full 24 hr day present in the USA ).
(c) This implies that your world earnings from 09/01/2024 till 12/31/2024 is subject to US taxes ( Federal, State and FICA/SECA ).
(d) You ARE NOT eligible for first year choice -- for the year 2024 since you have passed the GreenCarxd test.
Please provide more info on your situation , so we can answer with specifics on your case --- when did you enter the country, which country are you from, are you married and if so to US person ( citizen/GreenCard / Resident for Tax Purposes), when and why are you leaving the USA ( business/ abandoning GreenCard/ other reasons etc. ). The more detailed your answer(s) the more specific our answers will be . Please answer.
I will circle back once I hear from you.
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