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No. Even if you are now considered a US Resident for US income tax purposes, just like any US citizen or resident alien, you will not need to file a US income tax return if you do not meet the income requirements for filing an income tax return. (screenshot)
If you have no income from any sources both foreign and USA based, you will not need to file a US income tax return.
However, if you are considered a US resident for US income tax purposes, you may be required to file an FBAR if you have foreign financial assets.
You may need to file an FBAR if the money was held in a foreign bank account under your name or if you had signature authority over a foreign account. You would need to file a Report of Foreign Bank and Financial Accounts (FBAR) if are a US citizen or resident and:
To be directed to the US Treasury Government Website to prepare a Report of Foreign Bank and Financial Accounts, click FBAR (TurboTax does not support this form)
No. Even if you are now considered a US Resident for US income tax purposes, just like any US citizen or resident alien, you will not need to file a US income tax return if you do not meet the income requirements for filing an income tax return. (screenshot)
If you have no income from any sources both foreign and USA based, you will not need to file a US income tax return.
However, if you are considered a US resident for US income tax purposes, you may be required to file an FBAR if you have foreign financial assets.
You may need to file an FBAR if the money was held in a foreign bank account under your name or if you had signature authority over a foreign account. You would need to file a Report of Foreign Bank and Financial Accounts (FBAR) if are a US citizen or resident and:
To be directed to the US Treasury Government Website to prepare a Report of Foreign Bank and Financial Accounts, click FBAR (TurboTax does not support this form)
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