FranklinF
Employee Tax Expert

Get your taxes done using TurboTax

Q4: FILING IRS FORM W-8 

IRS Form W-8should be filled as soon as possible. Precisely not filing IRS Form W-8 could cause delays  in the processing of a Sailing Permit.

Q5: Are there any possible issues with US credit cards usage once you become a non-resident?
Please contact the Financial Institution in question. But I believe that it is safe to say that NO Financial Institution is going to take kindly anyone running away with said Financial Institution's money !!!

Q6: Are there any other important tax points should I consider in my case?

Yes. Taxation by OTHER Jurisdictions and Tax Treaties of OTHER Jurisdictions with the United States. United States Taxes Worldwide income on its citizens.

Q7: 401k funds withdrawal now and 2025+
401K funds withdrawn before 59.5 years are subject to a 10% EARLY WITHDRAWAL PENALTY.
(Some exceptions do apply. Exceptions to Tax on Early Distributions )
Once again, depending on your immigration/visa status, you may be subject to a backup withholding of 24%.

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