TAX QUESTION: Is it possible to get the foreign earned income exclusion without owning a tax home?
482013
The term "tax home" as it is used in the foreign earned income exclusion does no refer to ownership of a physical residence or office building, but to your ordinary place of work.  If you work in an office in a particular location, that is your tax home, regardless of who owns it.  If you travel on business but return regularly to a particular place, that should also be your tax home.  It is intended to be the same standard as is used for determining which business travel expenses are deductible as "away from home" expenses.
1178430
Only to the extent a native born US citizen would have to do so.  \n\nThe Federal government does not levy taxes on assets.  States may levy taxes on assets, but those assets must be in the state.\n\nBoth the Federal government and state governments levy taxes on income.  The federal government levy taxes on income of US citizens regardless of where the income was earned.  However, the US also has treaties with many countries to avoid having the same income taxed both by the country in which it was earned and the US.  While each treaty has its own provisions, in general a US citizen or permanent resident who earns income overseas is given a credit against US taxes on that income equal to the amount of tax paid to the country in which the income is earned.  \n\nUS states may only tax income earned within the state.
1101620
Possibly. There are a lot of factors to consider. For example, did you actually go through the process of changing your country of residence? If you did, did you pay full taxes in your new adopted nation of residence? Did you own / let a UK property whilst away? Do you still own it? Are you both UK citizens? \n\nTo sort this out for sure, you need to speak to a UK based accountant and really carefully figure out your situation. \n\nI work as a financial adviser to expats in Belgium. I have seen situations like you wouldn't believe. The only way to be sure is to find a good accountant in the UK, spend time and money with him or her and really look closely at your financial affairs. \n\nThe best thing you can do is to fully assess it before you return. Most people just go back and 'sort it out when I get there'. There are usually all sorts of loopholes that can be used to avoid taxes upon return, if you act in advance and prepare your affairs correctly. However, once you have returned, it is often too late to make the necessary adjustments.\n\nGood luck!
1043200
If it is from a traditional IRA-YES.  If it is from a ROTH IRA-MAYBE.  You really need to bring your documents to a CPA or Enrolled Agent for review.  I have listed some articles below that can help.  The first is on ROTH IRAs and the second on traditional IRAs. \n\nBe sure to have tax withholding on any distribution to avoid owing IRS.
31570
Yes you can. Check with a financial planner and or an accountant though. Depending on your income you may not qualify for a deductible ira or a roth ira.
1185238
There will likely be withholding on any income (or other) distributions to the foreign partner. You can read more by following the link below.
162653
No you cannot. You have to reside in the USA and have a social security number, local employer and tax info\n\nhttps://wwwna.ameritrade.com/cgi-bin/apps/AccountApServlet?segment=ameritrade&ea=y#null
118649
if you didn't do any work there (earn any income) and don't live there (residency) you shouldn't have to.  But it never hurts to consult a tax attorney or accountant.
51085
I believe that you would have to wait for it to be sent to you as you cannot print out one yourself. However I just saw a commercial yesterday for H&R Block where you can get a loan for your refund without having your w-2's. You just take in your last paycheck of the year and they gather all of your info.
501271
Yes, you can by a house in the U.S. even though you are in the country on a student visa. \n\nHowever, note that owning property does not provide you any other rights to visit, work or live the U.S. in the future. That process would be determined independently with no consideration of property ownership in the U.S. That's probably only a problem for a small number of people in this situation. \n\nOcassionally foreigners in the U.S. on student or other temporary visas, who bought U.S. real estate, are not able to return to their U.S. property.  They were later denied a visa or entry to the U.S. for unrelated problems (violations of their visa status, or similar).  The fact that they owned a house in the U.S. meant nothing in this process.
426258
Generally speaking, you may not. Your residence is your domicile, the place where you vote, hold a driver's license, etc. Of course, you can work anywhere, whether in that state or in another, and though there may be some minor tax implications, they do not have any relevance to your "residency."
772228
Yes. Make sure you check out first the other requirements at www.uscis.gov.\nHaving filed taxes properly the past 3 years\nNot spent more than 180 days outside the USA\nInclude all filing fees, and copies of supporting documents\nStudy the 100 sample history questions (they will pick 3 or 4 out of these)\nGood luck!
381710
Contact people that work in realestate in canada and the u.s. they could probably answer your questions. but you don't have to buy property to immigrate.
667192
No, from what you wrote you did not work and had no income tax withheld.  Only income tax is refunded in the USA.  Sales tax is leaved by local governments and they have no refund procedures nor are you entitled to any of these taxes back.\n\nYour home government my have some plan to give you money for this but I don't think so.
307802
Sorry, the first answer is not correct.  In order to avoid capital gains tax, you must reside in the dwelling you are selling for a full 2 years of the last 5 you owned it.  The two years does not have to be consecutive.  But, since you have not lived there for two years, you do NOT qualify for the tax break, unless you are moving more than 50 miles to a new job or for unforseen health reasons.
451011
The form is Form 1116, Foreign Tax Credit.  You appear to be saying that you were not able to use the full credit last year, probably because the Indian tax rate was higher than the  US rate.  Excess credits can be carried back one year and forward 10.  If you have the same kind of foreign income in a later year, then you should be able to carry the excess forward and use it to offset US tax in the later year.  This is a complex subject and you must be sure your accountant knows what he or she is doing.\n\nIf your husband claimed the sec. 911 foreign earned income exclusion, then the Indian taxes allocable to the income that he excluded cannot be credited or carried over.
1174807
You pay tax in the state that you realized the gain.  So the answer is yes, you can avoid CA tax.  Yes, you can keep your house.  Your state of resedency doesn't depend on non-primary living places.