@pk Thank you for your answer!
Here are the answers point by point:
(a) yes.
(b) yes.
(c) yes. This is allowed through the J1 Visa, under the notion of “grace period”. We can stay in the US up to 30 days after the end of the visa in order to arrange for our travel back home.
(d) yes.
For the taxation of interest income of nonresident aliens, I found the following information on the IRS website:
Nonresident aliens (NRAs) are not taxed on certain kinds of interest income as follows, per Internal Revenue Code subsections 871(i) and (h), provided that such interest income arises from one of the following sources:
- A U.S. bank
- A U.S. savings and loan association
- A U.S. credit union
- A U.S. insurance company
- Portfolio Interest (Described in “3. Exclusions From Gross Income" – “Nonresident Aliens” - "Interest Income" and its subsection "Portfolio interest" of Publication 519, U.S. Tax Guide for Aliens)
Source = https://www.irs.gov/individuals/international-taxpayers/nontaxable-types-of-interest-income-for-nonr...
This is also showed in this page of the IRS website:
Aliens temporarily present in the United States as students, trainees, scholars, teachers, researchers, exchange visitors, and cultural exchange visitors are subject to special rules with respect to the taxation of their income.
[…]
Filing IS NOT required by nonresident alien students and scholars who have income ONLY from:
-Foreign sources
-Interest Income from a: U.S. bank, U.S. savings & loan institution, U.S. credit union, U.S. insurance company, An investment that generates Portfolio
[…]
Source = https://www.irs.gov/individuals/international-taxpayers/foreign-students-scholars-teachers-researche...
Based on this, since (a) my visa category was as a J1 scholar, (b) I am a nonresident alien for 2022, and (c) the only US sourced income for 2022 is the interest income comes from savings account in a US credit union, this suggests that I would not have to file a 1040-NR for 2022.
For the 1040-C, I don’t think I had to file it at all, since my situation corresponds to one of the exceptions for filing this form (J1 visa). I confirmed this with my US employer before leaving as well.
Overall, it seems like my situation for 2022 now falls under the regulations for nonresident aliens.
From what I understand, I might still have to file Form 8843 to let the IRS known how many days I was present in the US in 2022, but I will look further into this as well.
Thank you very much for your help!
