- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Moving out of US as a green card holder
Hi. My wife and I are green cardholders.
We moved at the end of May abroad.
I got a job in UAE and plan to abandon my green car (31st of July),
whereas my wife wants to go back to US (she already submitted N400 to become a citizen).
My understanding is that after I surrender my green card, I can be
a dual tax resident for the tax year 2021 (submitting 1040 on my whole-world
income until 31st of July) and submitting 1040NR for my US income from
1st of August. I would like to ask if I can still claim some reallocation cost I had with the moving abroad (shipment of personal belongings, flight tickets, hotel in UAE while I settled down) and hence decreased my tax
responsibilities in the US. Another question is about my tax obligations for local and state taxes. Do I need to notify the local/state tax office that
I have moved out of the US and lost my immigration status?
Is there something else that I should think about when moving out of the US
forever?
Also, note that we own a joint house and have a joint bank account some investment accounts. I own additional accounts on Fidelity, TD Ameritrade, TIAA, .... do I need to close them if giving up my Green Card?