Used to be a resident alien, but now living overseas

[seunkim95]

Hello,

I used to live in the U.S. until July, 2022. I had lived in the U.S. since 2013, so I was a resident alien (I was on my student visa so not a green card holder). I have lived in South Korea since July, 2022, but I still have some bank accounts, stocks left in the U.S., earning interests, dividends, and profits from my stocks.

It seems like I still need to file taxes for 2024. Which forms do I need to fill out? Do I need to file both federal and state tax returns (although I didn't live in any particular state and I am not a green card holder)?

As a side question, should I have notified IRS about my departure from the U.S.?

[pk]

@seunkim95 , without further information and solely based on your post,  I am assuming the following ( please correct/ confirm in your reply :(

1. You entered USA with a F-1 visa  in 2013.  Thus  you would have been on "exempt" status  through 12/31/2017.

2. So for the next years  i.e. 2018 through your departure date in 2022 you would have been a "Resident" for tax purposes. taxed on your world income and filed a form 1040.

3. You should have filed a dual status return for the  tax year 2022.  A 1040 ( world income ) for the period you were in the USA and  a 1040-NR  ( ONLY US sourced income ).

4. From Jan 1st. 2023, you were a  Non-Resident Alien, taxed ONLY on US sourced income, filing a 1040-NR  ( not supported by TurboTax ) and  US-Korea Tax Treaty comes into force.

5. Assuming that when you left the USA, your status changed  ( either  through cancellation of your F-1 visa or just abandoning your residence), there should have been a filing with Immigration  that you are leaving the country and also a note to IRS informing  your  departure.  At this point in time  and assuming that  you just did not inform Immigration and/or the IRS,  there is not much point in taking curative actions.   But you should file for an ITIN, inform your broker and financial institution(s)  that your status has changed.

Is there more I can do for you ?

pk