It depends on a variety of things.
- If he decides to come back and become a resident, it would depend on the date he arrives back and if he is falls within the provisions of the Substantial Presence Test to determine if he can file as a Resident Alien.
- If he can't see the IRS during his stay, this is a reality that one must accept. The visit to the IRS would only benefit him if he is able to.
- If he earns interest in the US for 2024, he would need to file a 2024 Non-Resident 1040 return to report the interest earned. Turbo Tax does not prepare these returns but our affiliate at Sprint Tax does. You would not report this on a 2025 Tax return.
- Yes, he can perhaps calculate projected his interest earned for 2024. Better yet, let the Tax Advisor do this and then he/she can project what the taxes owed on this amount on a 1040 NR return( or 1040).
- He can prepay taxes for the 2024 year by making estimated tax payments. This is something you can discuss with the tax advisor and how to do it and what amount to prepay. You can also have this directly submitted through the IRS. Select this link and look under the section titled How to pay estimated taxes.
- No, he does not need to file a statement with his tax advisor now regarding his ending date.
My suggestion is to have your friend and yourself to enter an agreement to appoint you as his personal representative for tax matters. This is possible by having him sign a Form 2848 an submit to the IRS. With a 2848, you can also work closely with a tax advisor on his behalf to straighten out this issue. Please read the link I have provided for you below for more information regarding a Power of Attorney.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
