Hi there,
If a permanent resident leaves the US, goes to Australia and then
comes back with $150000 he made in Australia he must pay income tax on
that money I believe. But what about my situation?: I have lived in
the US for years as a permanent resident, then left the country for
good, made money in Australia and now, 2 years later, I am moving back
to the states. I had to literally file all immigration papers again
(like I had to do a long time ago). So will I have to pay taxes on the
money I am bringing from Australia? One could argue that I was not a
permanent US resident (since you can only leave 6 months at a time as
permanent resident unless you file papers) when I made the money and
therefore don't need to pay taxes but one could also say that I do
have a social security number and a tax ID number in the US so I need
to pay taxes from any income although I was not a resident while I
made money.
I would very much appreciate any knowledgeable advice on the matter.
Thank you much. |