Let's say I am a green card holder. If I decide to leave USA in 2020 and not come back again, I will convert my 401K to Roth IRA after leaving my employer. My question is: if I do the conversion in 2021 in another country, do I still have to pay federal and state income tax?
You'll need to sign in or create an account to connect with an expert.
Yes you will ... it is considered US income and must be reported on a US tax return.
Thank you, but which state tax should I file? I don't live in any state then. And do I also have to file city tax?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Br782701
Returning Member
catdelta
Level 2
maxuuell
New Member
altheaf
Level 1
quigley_susan
New Member