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June 27, 2025
12:48 PM
Thanks @pk, very helpful. You are correct on #1. On #2, that is how I read the second Pub 519 rule I cited in my last post, but for others reading this, I don't think the 'resident of only one countr...
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Thanks @pk, very helpful. You are correct on #1. On #2, that is how I read the second Pub 519 rule I cited in my last post, but for others reading this, I don't think the 'resident of only one country at a time' holds true in general. For example, we could have moved to a country with the same residency rules as Ireland but that does not have a DTA with the US (hence no residency tie-breakers). But back to our case, I think you are correct that we can't be residents of both the US and Ireland at the same time. If it's of interest to you, Split Year Treatment does not affect Irish residency, only the way employment income from outside Ireland prior to moving to Ireland is treated for tax purposes. In other words, Ireland does not have a dual status as the US does. Thus, putting it all together: US resident for 2025 under domestic rules? Yes (dual status available). Irish resident for 2025 under domestic rules? Yes (dual status not available). Do Ireland and the US have a tax treaty with residency tie-breakers? Yes. Resident of which country under the tie-breakers? Ireland (given current circumstances). Pub 519 'Effect of Tax Treaties' rule: 'treated as a nonresident alien in figuring your U.S. income tax.' This is where I stand at this point. Thanks for helping me through these difficult questions! All the best.
June 27, 2025
12:47 PM
Hello, does anyone have any latest updates on this? I have the same issue for 2025. I roll-overed my 401K to Empower brokerage traditional IRA in early May 2025. A portion of the 401K was converte...
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Hello, does anyone have any latest updates on this? I have the same issue for 2025. I roll-overed my 401K to Empower brokerage traditional IRA in early May 2025. A portion of the 401K was converted to common stocks of a company, and Empower used Computershare as "transfer agent" to convert the shares and held in a Computershare IRA account. Empower told me, once the account at Computershare (as IRA) has been setup, I would request Empower to transfer the stock shares from the Computershare account to the Empower traditional IRA account. However, in the mean time, there was a dividend distribution, and Computershare sent me a paper dividend check with the payee name - Empower as the custodian for the benefit of me (my SSN would be on the 1099Div even though the account name says Empower is the custodian). I called Computershare several times, one time a rep told me the account needed to be setup as "tax-exempt" but I couldn't request making the change because I am not the owner of the account. I called Computershare back with an Empower representative, and Computershare told me that they couldn't do tax-exempt. Computershare standard process is to issue a 1099Div, it would show the dividend as taxable dividend, when the 1099Div is issued, I would give the 1099Div to Empower, and Empower would give me some kind of proof that the check was deposited into the Empower IRA account, and therefore the dividend would not be taxable (it would be tax deferred until I start taking money out of my Empower IRA account). This process described by Computershare doesn't make sense to me. The 1099Div issued by Computershare will be reported to IRS to show the dividend distribution as taxable dividend income. How would Empower provide evidence to IRS that the dividend check was deposited to my traditional IRA and therefore tax-deferred? It looks that I can’t request any “tax-exempt” changes to Computershare. I would think this scenario happens regularly and Computershare should know what needs to be done. But I can’t understand how this process would be reported to IRS showing the 1099Div amount is non-taxable for 2025 (or tax-deferred).
June 27, 2025
12:33 PM
@shil3971 , while I understand your frustration -- the example 4 does generally apply to you and IMHO, my comment above follows the same general principle.
The point to note here is that for F-1...
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@shil3971 , while I understand your frustration -- the example 4 does generally apply to you and IMHO, my comment above follows the same general principle.
The point to note here is that for F-1 , you use whole calendar year i.e. if you entered the USA as F-1 on say 12/20/2023, then (irrespective of the actual date of entry in the year) your first year of exempt status is 2023 -- so five year is complete on 12/31/2027 and you start counting days present on 01/01/2028. And it is once in a life time. For J visa, it is from date to date and the exemption ( based on actual facts and circumstances and tax treaty considerations ) can be renewed/ re-issued.
Are you all set or is there more i can do for you ?
June 27, 2025
12:18 PM
@Rhkjr
(a) For US Tax purposes, any actual earned interest ( and received ) is taxable income to the lender ---the terms i.e. the repayment schedule, the interest rate etc. are all negotiable and...
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@Rhkjr
(a) For US Tax purposes, any actual earned interest ( and received ) is taxable income to the lender ---the terms i.e. the repayment schedule, the interest rate etc. are all negotiable and part of the agreement. Just to note , however, the lender has to charge fair interest ( generally in line with the local market conditions ) and especially when not at arms-length / between relatives the charged interest rate should meet fed rates published by the IRS ( else could be interpreted as gift). I am assuming here that this is a formal agreement and under the eyes/ advice of a legal/ financial professional.
(b) What do you mean by "secured" -- by the "house " being sold or what ? Just curious , has no tax implications.
(c) what are you trying to achieve ? I am always leery of formal agreements between family members because of risk of "losing" even when "winning". I would much rather be a surety of a commercial secured loan between the relative and a bank/lender. IMHO
June 27, 2025
12:15 PM
Go to the following link.
How do I request a refund for my TurboTax product?
June 27, 2025
12:15 PM
https://www.irs.gov/wheres-my-refund
June 27, 2025
11:59 AM
Topics:
June 27, 2025
11:41 AM
1 Cheer
No @Nitabai, it's not affiliated with Turbo Tax. Here's the link to the website where you can get your K-1 statement in a .txf file format: https://www.taxpackagesupport.com/
June 27, 2025
11:22 AM
I recently purchased TURBOTAX DESKTOP DELUXE TAX YEAR 2022 MAC DOWNLOAD WITH STATE License Code: {removed}
and
TURBOTAX DESKTOP DELUXE TAX YEAR 2022 WIN DOWNLOAD WITH STATE License Code: {rem...
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I recently purchased TURBOTAX DESKTOP DELUXE TAX YEAR 2022 MAC DOWNLOAD WITH STATE License Code: {removed}
and
TURBOTAX DESKTOP DELUXE TAX YEAR 2022 WIN DOWNLOAD WITH STATE License Code: {removed}
I accidently purchased both the Mac and Windows version and meant to only purchase the windows version. Can I please get a refund on the MAC order? I have not filed, nor downloaded either version. My Order number: {removed} Order date: Jun 27, 2025 Total charges: $160.00 Payment method: DISCOVER * {removed} Payment Authorization Code: {removed}
June 27, 2025
11:19 AM
If your total gross taxable income is really only $12,000, you would not owe income tax because it is less than the standard deduction (unless you are married filing separately under some circumstanc...
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If your total gross taxable income is really only $12,000, you would not owe income tax because it is less than the standard deduction (unless you are married filing separately under some circumstances.). But as noted, if you are a US citizen, you are required to report your world-wide income and pay US tax, no matter where you are living. Whether you also owe foreign income tax on the same money depends on the laws where you move. Also, as a US person, you must declare ownership or control of foreign bank accounts on a separate web site from your tax return.
Regarding NYS, the question is whether or not you are a resident of NY. If you are not a resident, you don't owe state taxes and don't file a state tax return. The rules for residency are discussed here.
https://www.tax.ny.gov/pit/file/pit_definitions.htm#domicile
Basically, if you maintain a domicile in NY, you might be considered a resident. For example, you keep a small apartment, you visit a few times a year, you maintain your doctor, dentist, and other significant business and social relationships in NYS. Even if you abandon your domicile in New York, you will need to file a part-year resident return for the year you move out of state, that reports and pays tax on income earned during the portion of the year that you were a state resident.
June 27, 2025
11:16 AM
If you efiled there should be an Electronic Postmark page. Probably near the end. That is your proof and signature. If you print out your return to give someone you will have to sign it in ink for th...
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If you efiled there should be an Electronic Postmark page. Probably near the end. That is your proof and signature. If you print out your return to give someone you will have to sign it in ink for them. How to get or print a copy after filing https://ttlc.intuit.com/community/prior-year-return/help/how-do-i-get-a-copy-of-a-return-i-filed-this-year-in-turbotax-online/01/25932
June 27, 2025
11:15 AM
Topics:
June 27, 2025
11:13 AM
I attempted to sign up for the Will Builder I purchased and was unaware that it expires in a year. I have not been able to use it and am hoping my deadline can be extended of a refund could be issued...
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I attempted to sign up for the Will Builder I purchased and was unaware that it expires in a year. I have not been able to use it and am hoping my deadline can be extended of a refund could be issued. I would much prefer the date extended. Thank you for your consideration.
June 27, 2025
10:43 AM
Well yes, but this has been my confusion. In some places it seems that the two year exemption includes any time you have spent in the US in a calender year. See 'Example 4' here on the IRS websit...
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Well yes, but this has been my confusion. In some places it seems that the two year exemption includes any time you have spent in the US in a calender year. See 'Example 4' here on the IRS website: https://www.irs.gov/individuals/international-taxpayers/tax-residency-status-examples I've also come across a similar example explained on a different thread: https://ttlc.intuit.com/community/college-education/discussion/j1-research-scholar-2-5-years-in-usa-resident-or-non-resident-for-tax-purpose/00/3228537 Very frustrating if that is the case! - a date based system seems much more reasonable.
June 27, 2025
10:24 AM
@shil3971 ,
generally J-1 exemption is date based i.e. if you entered / admitted on 12/27/2023, and had a two year "exemption", then your two year ends on 12/26/2025 -- so for intents and purpose...
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@shil3971 ,
generally J-1 exemption is date based i.e. if you entered / admitted on 12/27/2023, and had a two year "exemption", then your two year ends on 12/26/2025 -- so for intents and purposes your days of presence start on 01/01/2026 and meet the SPT for the year 2026.
Does this make sense?
June 27, 2025
10:19 AM
Checked my IRS Wbsire said my Refund would be mailed by June 27.When should I recieve it
June 27, 2025
10:13 AM
@Zmir ,
In general , as a US citizen you will need to file a return on your world income and be taxed by the USA. This is even though your tax liability may be zero.
You also have to file FBAR...
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@Zmir ,
In general , as a US citizen you will need to file a return on your world income and be taxed by the USA. This is even though your tax liability may be zero.
You also have to file FBAR at least because your foreign bank account value is likely to be above US$10,000; and FATCA ( form 8938 ) along with your return. Neither of these forms result in any taxes but not filing these when required can expose you to onerous penalties.
Here is a comparison between these two forms --> Comparison of Form 8938 and FBAR requirements | Internal Revenue Service
Do you need more help on these forms etc.?
Which country are you moving to ?
Is there more I can do for you ?
June 27, 2025
10:06 AM
1 Cheer
@alainncat , as I see it
1. Your ideal ( what you appear to be trying to achieve);
(a) For US Tax purposes -----> Keep US residency valid for the whole calendar year of...
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@alainncat , as I see it
1. Your ideal ( what you appear to be trying to achieve);
(a) For US Tax purposes -----> Keep US residency valid for the whole calendar year of 2025 -- so you get to use the standard deduction; exclude Irish earnings from US tax ( exclusion or foreign tax credit).
(b) For Irish Tax Purposes ---> Exclude US income by claiming Irish Tax residency only from the day of arrival.
2. For the basics ---- you can be a resident of one country ONLY at a time; the purpose of tie-breaker rule/ regime is to determine a winning residency i.e. one residency for the "pertinent " tax year. Note that each country has its own definition of Tax Year --- for US ( and incase of Non-Immigrant / Citizen ), there are rules for start and end of the "tax year" -- "Dual Status" Tax Payer; For Ireland there is "Split-Year" -- as I ref'd in my earlier post. The foregoing would generally limit your "Double Taxation" clause / benefits ONLY to incomes that are taxed by both countries -- from your post , it would appear to be the US-sourced in come POST your residency start in Ireland ( US taxes you on US sourced income and Ireland taxes you on world income, including the US sourced and Taxed income).
3. The only way I see this working out ( and it may not be worthwhile and/or even doable ),:
(a) you continue to have substantial financial and other connection to the USA for the whole of 2025, thus using "substantial interest/ connection" -- home, financial , Driver's license, intention to return etc. etc.
(b) you are temporarily residing in Ireland , for employment etc. and therefore not a resident and have no intention of residency. This implies a temporary foreign assignment by your US based employer to a local subsidiary or similar. Note that from my reading of Irish residency , it appears to be intention based and finalized only after staying there for a significant period and declaration of intention ( unlike US where it is a fixed number of days of presence ).
My general conclusion is for you to just accept the facts as they are -- i.e. you are a Dual Status Tax Payer in the USA for the Calendar/ Tax year 2025 and a "potential " resident of Ireland for the period of presence in the Ireland. I do not believe that it would be worth your while to claim a full calendar year resident for the USA , just for the sake of deduction. It opens up too many ands/ifs/buts and unless facts bear out, an impossible mountain to sustain.
Is there more I can do for you ?
June 27, 2025
10:01 AM
1 Cheer
It depends your overall situation and how much cap gain relative to your normal tax liability. To avoid penalty you need to have paid thru withholding or timely estimated taxes during the year, the ...
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It depends your overall situation and how much cap gain relative to your normal tax liability. To avoid penalty you need to have paid thru withholding or timely estimated taxes during the year, the smaller of 100% of your 2024 tax (110% if AGI > 150k or 75k if MFS), or 90% of your 2025 tax - this is your "safe harbor" amount. (See lines 1-9 on Form 2210 where this is calculated when determining whether you owe penalty or not). Once you determine your safe harbor amount you can determine how to proceed. Often paying ES based on prior year tax can result in overpayment especially if you have high AGI and need to pay 110% of that tax, unless you have a larger income event in the current year which may be your situation. If you meet the requirement based on 2024 tax either thru withholding or estimated tax, then it doesn't matter what income you make in 2025 or when, and will owe the balance when you file next April. If you didn't pay ES for Q1-2 based on 2024 you can still catch those up, there will be some penalty for a few months which may be offset by the interest you can earn by deferring payment on the rest of the tax. If you need to pay based on 90% of current year tax estimate then you can pay a one-off estimated tax but will need to file Form 2210 Annualized Income method when you file next year in order to show the timing of the income and estimated tax. Otherwise by default, IRS assumes that income was spread out over all 4 quarters, but your estimated tax is hitting specifically in Q3, which would show an underpayment in Q1-2; the annualized method should help reduce or eliminate that penalty. It can be additional filing work as you have to calculate AGI, withholding, divs/LTCG etc by quarter (3/31, 5/31, 8/31) yourself to input into TT. Alternatively you can still pay quarterly ES baed on 90% of current year tax, with some penalty for Q1 and Q2 but if you catch those up that penalty will stop accruing, just be sure to pay 75% by Q3 deadline of what was due during the year either thru withholding or estimated tax, and then pay the remaining 25% in Q4. Any tax you defer paying until Q4 or April you can earn interest to offset the penalty, so it just depends on your situation what amounts are involved and what makes most sense. Additionally you can increase withholding if you have W2 income to meet some of the additional tax due tho only 6 months left to do that. Withholding is always treated as timely so it doesn't matter if you pay extra withholding in the last 2 quarters - as long as you don't use the AI method when filing which will show the timing discrepancy not in your favor this time. If you can't meet all the additional tax it would at least reduce the total and quarterly ES required whether you are using prior year or current year tax. So there's a few options and if you do pay one-off ES be aware of the additional Form 2210 filing required. First step is to figure out your safe harbor amount and therefore minimum tax due, subtract your estimated withholding for the year, and what remains needs to be paid via estimated tax one way or another. For more info see https://www.irs.gov/faqs/estimated-tax and https://www.irs.gov/pub/irs-pdf/i2210.pdf Not a CPA. hope this helps.
June 27, 2025
9:56 AM
@winters32 wrote:
I need the address where to send my 3911 form. I have not received my refund filed on 4/9/2025.
The address is based upon the state where you live.
Go to this IRS webs...
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@winters32 wrote:
I need the address where to send my 3911 form. I have not received my refund filed on 4/9/2025.
The address is based upon the state where you live.
Go to this IRS website for where to mail the Form 3911 - https://www.irs.gov/forms-pubs/about-form-3911