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Paying Short Year Tax
Case explained in this example:
Mike has become Legal Permanent Resident of US in October 2019. He would like to file taxes now for 2019, Can he file his taxes for 3 month of 2019 only, ? What is the procedure if he would like to file tax for short year? He doesn't have Form W-2 form his employer.
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Get your taxes done using TurboTax
What income document if any does "Mike" have for 2019? An income tax return is for the income received in the tax year--it is not based on which specific months the income was received in.
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Thank you for your reply,
He has pay stubs.
I am assuming that he can calculate his gross income for 3 months and and pay his taxes for that period. Do you think he could calculate the deduction like this? $12,200/12*3 = $3,050
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He should not try to use pay stubs. They rarely match the W-2. The employer should have issued a W-2 by the end of January. Contact the employer to obtain the W-2.
And....you said this tax return is for a U.S. resident---just make sure you should be using TurboTax--if the person in question is a non-resident alien, you cannot use TT.
NON RESIDENT ALIEN
If you are a non-resident alien, your return must be filed on Form 1040NR, which cannot be prepared using TurboTax. You can use TT’s partner, sprintax:
https://www.sprintax.com/non-resident-alien-tax-1040nr-turbotax.html
And....no, you do not reduce the standard deduction. Get the W-2, enter the income and let the software do all the calculations.