topic 1040-C form question - who needs to file? in Get your taxes done using TurboTax

1040-C form question - who needs to file?

varnavruz — Fri, 18 Dec 2020 00:33:40 GMT

Hello! Does green card holder needs to file form 1040-C if he leaves country temporarily, or requirement only applies to those who depart permanently?

Re: 1040-C form question - who needs to file?

Critter-3 — Fri, 18 Dec 2020 01:08:56 GMT

Read the rules here : https://www.irs.gov/forms-pubs/about-schedule-c-form-1040

Re: 1040-C form question - who needs to file?

varnavruz — Fri, 18 Dec 2020 01:43:45 GMT

Thank you, but this is where I started. It is not obvious. I was told by several people that words "depart" and "leave" clearly mean "permanently leave" there, but that is not clearly stated anywhere.

Re: 1040-C form question - who needs to file?

Critter-3 — Fri, 18 Dec 2020 01:54:35 GMT

If you were not leaving permanently then you would have no reason to file the 1040-C ... you would continue to file the 1040 or 1040NR as needed.

Re: 1040-C form question - who needs to file?

varnavruz — Fri, 18 Dec 2020 02:22:04 GMT

But link you sent me says:

If you furnish the IRS with information showing, to the satisfaction of the IRS, that you intend to return to the United States and that your departure does not jeopardize the collection of income tax, you can get a sailing or departure permit by filing Form 1040-C without having to pay the tax shown on it.

So, if I intend to return, I have to file it too, just no need to pay. Or I don't have to file at all?

Re: 1040-C form question - who needs to file?

Critter-3 — Fri, 18 Dec 2020 02:34:26 GMT

Seek local professional guidance in this matter ... this form is solely for answering form 1040 questions for users of the TT program.