My W-2 arrived today all the way from the US (together with statements from Ameritrade and HSBC). So soon I can do my US taxes. My records should be good enough to fill in the investment side of things - given the IRS doesn't have any record of my investments and transactions in Australia, accuracy down to the penny is not necessary. Hopefully, this will be my last US tax return. As I was only a temporary resident in the US on an H1-B visa I now revert to a non-resident alien. Taxes are deducted at source on my dividends and I don't need to pay capital gains tax or tax on interest in the US. If I had gotten a green card I'd have had to submit US tax returns and be subject to full resident US taxation until I fell out of permanent resident status. Which is why I didn't go ahead and complete the green card process.
I'll also do Snork Maiden's taxes. Her W-2 arrived at her former office in the US. It should be forwarded to us soon. The Australian tax year ends 30th June and taxes are due sometime in October. So we'll have this fun all over again later this year :)
1 comment:
Lucky you. I do have a greencard so have to 2 tax returns for a while. Also could be subject to double taxes on some dividends.
Hey atleast I get 2 tax refunds, which was the subject of a recent post.
Andy
Post a Comment