I like the way you made this video. Succinct, easy to follow and laid out well enough for anyone to understand, unlike the endless ramblings that are so common in what seems like 99.999% of YT videos out here. Thank you for being a professional through and through.
We see your point, Rasheen. Yet an expired green card does not necessarily mean your permanent residence status also expired. That's what makes this rather insane.
I have 2 questions. After how many days of becoming permanent resident one has to file the tax. In the same year or next year? What is the worldwide taxable income or investment or bank balance above which one has to file us tax? What if we are filing tax in our home country?
I am seeking that same answer. My Husband wants to move here in the middle of December, what does that mean for him. Did you ever get an answer to your question?
I'm doing my research about US tax laws prior to the possibility of accepting a green card. What are the obligations of a 'US person' who holds superannuation accounts in Australia? Reading a few other websites about the topic and it sounds complicated.
Do you have to pay taxes as a green card holder but not living (and not having moved yet to the US) in the US, and already paying income taxes in the residence country?
Great question. If you received your GC outside the US, your first day of residency is first day you were physically present in the US after your received the GC. So, if you got the GC in July, but did not come to the US at all by December, you would not be a resident and not be a US person for tax purposes. But importantly, there does not appear to be an intent element to this. So let's say you got a GC in July and visited the US in September to look at apts with your wife and then left the US a week later, not returning until the following year in January. It does not appear to matter that you only planned to stay in the US for a few days apt hunting with the intent to return abroad for the remainder of the year. You were physically present in the US in September after you got the GC, so your residency date starts from there. And, your date of residency may begin January 1st even if you got the GC after and moved the US after too.
This is why I have no taste to remain in America - a citizen or green card holder is a financial asset to the government FIRST, and then a human second. It's all about the money 🤬
if i arrived in the us on green card in dec 2020 - do i need to file a tax form if only spent one day in the usa for that year - no income in us - but worked aboard during that year
Should the same rules be applied to some American Citizens or Nationals who may be seeking to immigrant to other Countries for wealthy seeking, most Americans or Nationals will fail the test. Most Africans or individuals from developing countries, they immigrate to the western...world already with multiple graduate or doctorates degrees. Back home we either study using the American or the European or both syllabus . And the majority we are polyglots, yet the westerners et al., et hardly acknowledge education standards. We then forced to survive conduct low wages domestic work, & we start studying all over again to the request of the host countries requirements, which are in just. As though we never attending higher education. Again, we tend to be the well experienced professionally, & we end up training the westerners..., who most times happen to be our superiors in our jobs....just saying. Something is not right. Ambassador Susan .E. Rice, once said, "The American Human Rights Is not functioning right"...Human Rights in America and in UNited Nations has not been working according to its "rules & regulations", it too corrupt.
Hi I had a question. I have been following you for a while. I wanted to ask a question about Green Card Holder? Can you Apply for foreign tax credit as a green card holder. Will this be a red flag when you are applying to get your citizenship??
Just for reference, a green card does NOT open the -entire- US job market to you. Certain job categories are limited to US citizens. And an expired green card does not affect your immigration status full stop. Although companies might want to see a non expired green card to give you a job even though they have the means to check your work eligibility through E-verify.
Thanks for the great video. I have so many questions now regarding my situation. I am a US citizen, my wife is not. She will get her green card soon and then we will move to the states. She works online for a non-US company and gets paid in her non-US account. Will she be able to use form 2555 while living in the states but being paid abroad? She has previous investments, bank savings, and two properties as well. Will she be held liable for any previous incomes, profits, properties, etc?
Joe B he has been using his so called charity to evade taxes and has been sued and proven guilty of it. He had to shut it down. Do your research. We know that you know, he his one of the most dishonest person in the world but you don’t care, so are millions of others. Where is your home by the way? The natives home isn’t yours
Thanks on behalf of millions of green card holders. To qualify for the expat streamline pro 1-proof of presence for a minimum of 330 days per year to qualify. What consequences will this have when applying for us Citizenship.? 2-invoicing and income in the other country is directly under the personal name. 3...
Thank you so much. I am not quite sure if using the SFOP would have any impact on applying for citizenship. Our first thought is that being outside that country already happened. So you might as well take advantage of no penalty of SFOP if you can. If your question is "let's suppose I *could* live outside the US for one year in order to qualify for SFOP, would that impact my application of US citizenship?" That would probably be an answer best for an immigration attorney. Also, by intentionally delaying any FBAR filing you are aware of, that sort of makes you willful which disqualifies one from either the Foreign or Domestic Streamline procedures.
Nothing but bullies and crooks !
Janet. You are not being fair. Some of them are clueless incompetents.
I like the way you made this video. Succinct, easy to follow and laid out well enough for anyone to understand, unlike the endless ramblings that are so common in what seems like 99.999% of YT videos out here. Thank you for being a professional through and through.
I was with him up until he said you have to pay taxes even if your green card expires and you dont live in the country.
We see your point, Rasheen. Yet an expired green card does not necessarily mean your permanent residence status also expired. That's what makes this rather insane.
PearlPerlita Venegas
😂😂😂👍👍👍
Being a permanent resident of the U.S. is like voluntarily going into a tax trap!
do you happen to know how often someone who files 8854 is "selected" for review/audit? thanks
Paying taxes to US IRS from income you had abroad and paid taxes abroad already? No thank you!
If you have a Green card and are from England are you taxed twice? on your income assets?
I have 2 questions.
After how many days of becoming permanent resident one has to file the tax. In the same year or next year?
What is the worldwide taxable income or investment or bank balance above which one has to file us tax?
What if we are filing tax in our home country?
I am seeking that same answer. My Husband wants to move here in the middle of December, what does that mean for him. Did you ever get an answer to your question?
I'm doing my research about US tax laws prior to the possibility of accepting a green card. What are the obligations of a 'US person' who holds superannuation accounts in Australia? Reading a few other websites about the topic and it sounds complicated.
Fixthetaxtreaty.org
Thank you IRS Medic.
Is there any initiative to remove these ridiculous limitations? US immigration laws and taxes are the worst yet nobody really know about it.
What happens to the U.S. citizens if the corporation falls?
Do you have to pay taxes as a green card holder but not living (and not having moved yet to the US) in the US, and already paying income taxes in the residence country?
Great question. If you received your GC outside the US, your first day of residency is first day you were physically present in the US after your received the GC. So, if you got the GC in July, but did not come to the US at all by December, you would not be a resident and not be a US person for tax purposes. But importantly, there does not appear to be an intent element to this. So let's say you got a GC in July and visited the US in September to look at apts with your wife and then left the US a week later, not returning until the following year in January. It does not appear to matter that you only planned to stay in the US for a few days apt hunting with the intent to return abroad for the remainder of the year. You were physically present in the US in September after you got the GC, so your residency date starts from there. And, your date of residency may begin January 1st even if you got the GC after and moved the US after too.
@@irsmedic Resident Alien or Permanent Resident. Both cards have green on it!
This is why I have no taste to remain in America - a citizen or green card holder is a financial asset to the government FIRST, and then a human second. It's all about the money 🤬
if i arrived in the us on green card in dec 2020 - do i need to file a tax form if only spent one day in the usa for that year - no income in us - but worked aboard during that year
Did you ever get an answer to this question? I am seeking the same question.
He's just disseminating information so green card holders are more aware of certain risks involved with having a green card.
Just tell every body to go back to their hometown
Should the same rules be applied to some American Citizens or Nationals who may be seeking to immigrant to other Countries for wealthy seeking, most Americans or Nationals will fail the test.
Most Africans or individuals from developing countries, they immigrate to the western...world already with multiple graduate or doctorates degrees. Back home we either study using the American or the European or both syllabus . And the majority we are polyglots, yet the westerners et al., et hardly acknowledge education standards. We then forced to survive conduct low wages domestic work, & we start studying all over again to the request of the host countries requirements, which are in just. As though we never attending higher education. Again, we tend to be the well experienced professionally, & we end up training the westerners..., who most times happen to be our superiors in our jobs....just saying.
Something is not right. Ambassador Susan .E. Rice, once said, "The American Human Rights Is not functioning right"...Human Rights in America and in UNited Nations has not been working according to its "rules & regulations", it too corrupt.
Hi I had a question. I have been following you for a while. I wanted to ask a question about Green Card Holder? Can you Apply for foreign tax credit as a green card holder. Will this be a red flag when you are applying to get your citizenship??
Foreign Earned Income Exclusion
I am not working here in the US no bank account do still pay taxes?
destiny beckwith you still have to file
What about hsa account? If you invest into it and then leave for home country?
Just for reference, a green card does NOT open the -entire- US job market to you. Certain job categories are limited to US citizens. And an expired green card does not affect your immigration status full stop. Although companies might want to see a non expired green card to give you a job even though they have the means to check your work eligibility through E-verify.
Thank God I'm independent
Why compare with citizen’s tax return?
Read the us laws lol
No thank you America.
Thanks for the great video. I have so many questions now regarding my situation. I am a US citizen, my wife is not. She will get her green card soon and then we will move to the states. She works online for a non-US company and gets paid in her non-US account. Will she be able to use form 2555 while living in the states but being paid abroad? She has previous investments, bank savings, and two properties as well. Will she be held liable for any previous incomes, profits, properties, etc?
File your taxes and obey the law and you'll be fine...otherwise go home or be deported.
YOUR PRESIDENT DIDN'T PAY TAXES
He did pay taxes. Its already been proven! Do your research
It hasn't been proven. He hasn't released any info on his taxes. Probably because he hasn't paid them.
@@nealsantiago1093 yeah yeah he did paid tax in SANTIAGO dream ..
Joe B he has been using his so called charity to evade taxes and has been sued and proven guilty of it. He had to shut it down. Do your research. We know that you know, he his one of the most dishonest person in the world but you don’t care, so are millions of others. Where is your home by the way? The natives home isn’t yours
Can a green card holder get his or her retirement at 65
Thanks on behalf of millions of green card holders.
To qualify for the expat streamline pro
1-proof of presence for a minimum of 330 days per year to qualify. What consequences will this have when applying for us Citizenship.?
2-invoicing and income in the other country is directly under the personal name.
3...
Thank you so much. I am not quite sure if using the SFOP would have any impact on applying for citizenship. Our first thought is that being outside that country already happened. So you might as well take advantage of no penalty of SFOP if you can. If your question is "let's suppose I *could* live outside the US for one year in order to qualify for SFOP, would that impact my application of US citizenship?" That would probably be an answer best for an immigration attorney. Also, by intentionally delaying any FBAR filing you are aware of, that sort of makes you willful which disqualifies one from either the Foreign or Domestic Streamline procedures.
I've renewed my permanent resident card twice, am I in the clear for naturalization background check?
And the dreamers and daca to be taxed also. I hope.
Of course THATS OBVIOUS !!!
They’re been taxed!! Where the hell have u been?? Under trump’ booth
Great video!
Its about time hallelujah ! 😄😄😄
Long live mother Russia ✊
It may have been easier to leave the USSR than the US tax system.
@@irsmedic 🤣🤣🤣🤣 good one, unless I have multiple citizenship that the IRS don't have any jurisdiction over 😜
THANK you
No subtitles????
What countries do allow the IRS to have jurisdiction?
Man is this a loaded question. Why would ANY country consider what happens inside their borders to the business of the IRS?
Sir, Students who do not complete their studies in usa. Can they get work permit and PR in usa (international students)
Yes they can bro.
Ra vi, are you living in USA
Hanji bro.
Brother, what case you applied for green card
Mine was I485 after marriage.
Quit saying, Green Card. There are RESIDENT ALIEN CARD and there is a PERMANENT RESIDENT CARD. Explain these differences Please. Your are appreciated.
How to inquire about your case after COVID-19 lockdown lifts: czcams.com/video/8tDVqXmo-Zo/video.html
Another way...of controlling the “Vote”😏
... and the Communists aren't trying to control the vote??? GTFOH
illegal is illegal stupid
awesome
In Japan even refugee applicants are paying retirement and taxes so America is not exempt they should pay up.
bla bla bla!!$
They got to work or they go back to there countries if is better and not complaining