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Forum: USA
Yesterday, 8:57 pm
Replies: 14
Views: 353
Posted By hutchison

Re: Housing Market

same kind of sales going through around here in VA. neighbour opposite had 20 viewers in the first evening, sold it, 7 offers.
priced at 30% up in 3yrs.
but then they will move to an inflated...
Forum: USA
Apr 15th 2021, 4:44 pm
Replies: 45
Views: 1,160
Posted By hutchison

Re: I moved last month and I have still so many questions

apologies I misread the spouse part as a non-immigrant type visa.
Forum: USA
Apr 15th 2021, 4:25 pm
Replies: 45
Views: 1,160
Posted By hutchison

Re: I moved last month and I have still so many questions

ok, no longer a visa holder then. makes sense
Forum: USA
Apr 15th 2021, 2:57 pm
Forum: USA
Apr 15th 2021, 12:51 pm
Replies: 45
Views: 1,160
Posted By hutchison

Re: I moved last month and I have still so many questions

you'll need an EAD to work on a spouse visa, that would be the first port of call on the road to employment.
you'll also need an SSN, applied?
that takes a While, between that approval / receiving...
Forum: USA
Apr 7th 2021, 9:05 pm
Replies: 17
Views: 1,160
Posted By hutchison

Re: F-bar F-up - is accountant bleeding me dry?

meant to say 'late fbar' and not amended fbar.
Forum: USA
Apr 7th 2021, 1:44 pm
Replies: 17
Views: 1,160
Posted By hutchison

Re: F-bar F-up - is accountant bleeding me dry?

2017 you were not a tax resident (for that particular year) because you did not pass the substantial presence test 'for 2017 alone'.
A nonresident alien is not obligated to file either an FBAR or a...
Forum: USA
Apr 6th 2021, 8:46 pm
Replies: 18
Views: 1,193
Posted By hutchison

Re: Intercompany transfer to Houston

gas is cheap in Texas :amen:.

check out the house / land prices for what you would be comfortable with in U.S.
consider if you have any UK prop equity to transfer. this has the ability to make...
Forum: USA
Apr 2nd 2021, 3:09 pm
Replies: 37
Views: 1,780
Posted By hutchison

Re: Relocation Package

understand & prep, it is not all bad. thanks, Wife & 6 month old all good :-) , and me.
Forum: USA
Apr 1st 2021, 7:48 pm
Replies: 37
Views: 1,780
Posted By hutchison

Re: Relocation Package

I can give a recent hospital bill / Healthcare example: dependent on plan and provider you may be paying 20% of every medical bill that comes in until you meet your 'out of pocket max'.
and you will...
Mar 16th 2021, 12:34 pm
Replies: 417
Views: 20,961
Posted By hutchison

Re: Covid-19 Vaccination -- Have You Gotten It?

I had the one shot Jansen shot two weeks back, key worker / business, mass injection of those 'employed', not including spouses/family. :thumbdown:
some still refused it. :thumbdown:

The next...
Forum: USA
Feb 11th 2021, 4:02 pm
Replies: 17
Views: 1,677
Posted By hutchison

Re: Non-resident Alien US tax question

31 days of a year does not qualify you as a tax resident (resident alien) if that is all you have been here this year (2021), you do not need to report foreign accounts for 2020 (Fbar submission...
Forum: USA
Feb 9th 2021, 1:52 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

sound advice from all, thanks a 'bunch'. There is a compromise in having your tax prepared , that is you do not learn.
Forum: USA
Feb 8th 2021, 8:50 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

i took the highest values, per month final balance or line value whichever was greater, then took the highest of those for the Fbar, i had very little transaction once immigrated so it was an easy...
Forum: USA
Feb 8th 2021, 7:47 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

for 2018 , I found out was married filing jointly status, with foreign account values of <53k, so 8938 threshold falls under this ruling;

so i will just submit my late 2018 Fbar and hope that will...
Forum: USA
Feb 8th 2021, 4:32 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

it appears I have 'lucked out' .


according to my (well known) tax attorney for that year 2017 I filed a tax return as a nonresident alien. (having spent only 173 days in the US, not the 183 I...
Forum: USA
Feb 6th 2021, 12:32 am
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

hmm, before i go and submit Fbars for 2018, and 2017, i need to talk to Deloitte asap, they did my taxes for those 2 transition years, I think they should have been responsible for form 8938, Fbar,...
Forum: USA
Feb 5th 2021, 6:44 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

2017 Fbar value is 283k USD (not yet submitted) , but it was not in the UK accounts for long, therefore accue'd zero interest, it was being transferred through u.k accounts from property sale and...
Forum: USA
Feb 5th 2021, 5:14 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

I found this useful info about the reporting thresholds of FBar so, anything from $10,000 = Fbar, If any of the thresholds are exceeeded according to this guide, then form 8938 should be submitted....
Forum: USA
Feb 5th 2021, 1:01 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

sound advice, I will action it.
I had been drawing on the two standard accounts from time to time to send here, so very few interest payments due to withdrawals.
Forum: USA
Feb 4th 2021, 11:35 pm
Replies: 18
Views: 1,515
Posted By hutchison

Re: multiple year Fbar questions

thankyou, I did not draw on any of the 'income' as such from the two accounts (just current accounts) small interest payments few gbp here and there, does that count as income in IRS eyes?, even...
Forum: USA
Feb 4th 2021, 7:12 pm
Replies: 18
Views: 1,515
Posted By hutchison

multiple year Fbar questions

I have been in the US on a visa since june 2017.
due to not fully understanding Fbar I reported only for the account year 2019 up to 12/31 and only 2 out of 3 accounts I had.

The account I failed...
Feb 2nd 2021, 6:55 pm
Replies: 14
Views: 1,766
Posted By hutchison

Re: L1B Visa - No Degree Help!

yes, L1B no degree, person of specialized knowledge, industry experience in a rare industry, etc. I am sure what qualifications I had before degree level where partially relevant :ONC/OND technical...
Jan 12th 2021, 1:06 pm
Replies: 1,927
Views: 160,443
Posted By hutchison

Re: Home and garden projects

thats a decompression chamber on many levels, pretty quirky classic! i like it.
reminds me of a tube carriage, just needs a springy ceiling handle!
Forum: USA
Jan 11th 2021, 9:42 pm
Replies: 14
Views: 1,709
Posted By hutchison

Re: Sell or keep UK house

our Visa was 3 years with chance of an extension so, i could see no logic of paying tax if we held on to a mortgage for more than 3 years. And I did not want to deal with a remote sale after 3...
Showing results 1 to 25 of 70
 


 
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