pk
Level 15
Level 15

Get your taxes done using TurboTax

@fileyouself  since you ( H-1 ) have lived in the USA  for quite some time:

 

(a)  your tax filing status would be resident  ( Substantial Presence  Test  -- 183 days -- for 2024 counting all the days present in 2024, plus 1/3rd the days present in 2023 and 1/6th the days present in 2022)

(b) Your wife's status would be same as your because her visa is a dependent visa.

(c) Since you left the USA  ( and have or should have informed the  Immigration that your visa has expired an d you are leaving the country ) , for  IRS you will have  dual status .

(c) Dual status  means that       

                   (1) you are taxed on world income for the resident period ( 01/01/2024  through  07/01/2024 )  -- filed on form 1040.  and 

                   (2)  you are taxed  ONLY  on US sourced income from  07/02/2024 through 12/31/2024 and reported on form 1040-NR  ( Not supported by TurboTax , so use   tax professional, SprinTax or  downloaded from www.irs.gov  and filled out by hand -- these are .pdf fillable ).

(d)  This also means that you cannot  e-file.  Print the TurboTax prepared 1040, sign date,  Write   " DUAL  STATUS FILER " on  page 1 of 1040; attach the form 1040-NR  ( even  if the actual income from US sources  is nil ).  Mail the whole package in.

(e)    Note that because  your "resident period"  is  a short year, you have to use  itemized deduction and thus your  charitable  contributions would come in handy  ( if my memory serves me right, only US 501 (c) 3  in your case )

(f)  Note that  it is best to keep your US bank account open till the end of Calendar year 2025 to be able to deposit any refunds and/or pay  to the IRS.

(g)   Generally  you have to make sure that all your tax dues are paid    or withheld before you leave the country for good.

 

(h) For your state return, you only use  world income while a resident of the state  i.e.  you file a part-year return  ( but check your state's rules for residency ).

 

Hope this answers your query.   Is there more I can do for you ?

 

Namaste ji

 

pk