- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
@kiri ,
1. To determine if you have to file a return for VA, please consider viewing/ familiarizing your self with the tax code of VA -- specifically section 58.1- 302 -- definitions and 58.1-303 (B). My reading suggests that absent your having a strong connection to Virginia ( financially or otherwise ), there is no case for a requirement for you to file a VA tax return. See Here --> Code of Virginia - Title 58.1. Taxation
2. Yes , you are correct that as a citizen of US. you are required to file a yearly return and be taxed on world income. Because your tax home is foreign ( Canada), your active earnings ( wages , self-employment, sole proprietor etc. ) are eligible for "Foreign Earned Income Exclusion" ( FEIE) using form 2555. Any so unexcluded income, passive income etc. are also eligible for Foreign Tax Credit under double taxation clause in the US-Canada Tax Treaty. TurboTax is perfectly capable of helping you filing these forms. { My personal pref. in such usage is Windows Home & Business }.
3. And yes , you also come under the FBAR ( form 114, on-line filing only , at FinCen.gov ) and FATCA ( form 8938 along with your return ) . Please see this for requirements & comparison thereof ----> Comparison of Form 8938 and FBAR requirements | Internal Revenue Service
4. To prepare and file the missing earlier years ( return ) , you need to either buy/download TurboTax software for those years or seek professional tax preparer help. TurboTax On-line is for the current year and e-file service is just about stopped for the calendar year.
5. My strong suggestion would be to file the form 114 ASAP, explaining why you had not filed earlier ones --- you are more likely to be meeting the requirements for this. Also the penalty for not filing when required to ( willfully ignoring) is quite onerous.
Is there more I can do for you ?