mallard

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About mallard

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  • Location Oldenburg
  • Nationality USA
  1. Timing of US tax filing / German tax filing?

    Great, thank you so much. You have clarified so many issues, I think I'm now all set to proceed. I wish I could somehow return the favor for all the effort you put in to explaining this, thanks a million. 
  2. Timing of US tax filing / German tax filing?

    Okay, so I ran through OLT, which further reinforced my feeling that I'll need to hire a professional to file my US taxes in the end, because there's many questions I was uncertain about. But, it gave me some baseline feeling for what I owe: To answer your final question first, it seems the roth conversion will be the largest portion of tax I owe, and ends up resulting in a $500 tax bill. Without this, I would instead get a small refund. So, it may be worthwhile for me to pursue the more complicated 1116 to claim the FTC (with the help of an accountant perhaps).    Responding to a few of your specific points:      I think determining my taxable Roth income is simple in my case. I simply moved all the money my employer had contributed to a traditional IRA into my (already existing) roth IRA. None of the money in the traditional IRA had been taxed yet, so I understand that the full distribution amount is to be taxed. Am I misunderstanding this? I don't think the contribution amounts are relevant, since they were all by my employer and pre-tax.    One more question regarding general procedure: I plan to file the form 4868 sometime before May 17 to get the extension to file my US taxes. When I do this, it is best to send the check (e.g., for $500 based on my current approximation) for the amount I think I will owe, correct? I assume if I actually end up owing less than this amount, they will refund the difference? But making this payment seems it should help me avoid paying interest on any amount (of $500 or less) that I may owe the IRS.    Sorry for so many questions, I feel a bit in over my head, but your analysis has helped me clarify things a lot.
  3. Timing of US tax filing / German tax filing?

    Thanks again. I will be working on preparing the filing with OLT this evening and into tomorrow if necessary, and will post back with answers to the questions. 
  4. Timing of US tax filing / German tax filing?

    Thanks very much again for taking so much time to review my details. Answers below:    1. No, I did not file in Germany in 2019; my understanding was that my German tax obligation begins with my initiation of residence (I arrived end of August, 2019), and I did not have any income from that date until end of year 2019. I'm not familiar with this form WA-Est, do I need to now somehow retroactively file this?    1e. Yes, I was in the US for the holidays (approx. Dec 15 2019 - Jan. 3 2020) or so.    2. February 3 departure from Germany to the US. This flight on Feb. 3 was actually the return-flight from my prior flight (I had booked USA -> Germany, departure Jan. 3 2020 as mentioned in 1e, and then Germany -> USA on Feb. 3). However, I booked another flight prior to COVID restrictions to return to Germany, scheduled for April 13. This was the flight which was cancelled and resulted in me remaining in the US.    3. No   4. Yes, it exceeds the standard deduction. One question about the source rule here, my student job with a University in Germany began while I was still in the US. Does this then count as US-sourced income?    5. No one accompanied me.    6. No, I was living with my parents at the time before moving, so I did not have any housing agreement to terminate or maintain.    7. No, I maintained my lease in Germany throughout the time I was out of the country.    8. I will likely visit the US later in 2021, but this isn't confirmed. 
  5. Timing of US tax filing / German tax filing?

    Sure, sorry for the confusion.    - US citizen - I was in the US from February - October. I say "full year" because I moved to Germany in mid-2019 (for a masters program). So, 2020 was my first full-year as a German resident. My time in the US was intended to be a 1 month trip, but I first became "stuck" (no flights for several months) and then my school and student jobs were online so my trip was extended until October.  - I continued to do my school (German University) online. I worked two part-time jobs in the US while there. I also worked two student jobs in Germany (they began while I was in US, and continued to end of the year). 
  6. Timing of US tax filing / German tax filing?

    On second thought, a quick google search for US accountants with some knowledge of the German tax system reveals prices of $350+ minimum it seems. I'm a student and not sure I can afford that honestly, so I think I'll try and go it my own. Does anyone have advice on tax-specific message boards or places I can ask questions when they come up while I try and estimate my US tax obligation? 
  7. Timing of US tax filing / German tax filing?

    Wow, thank you for the extremely thorough response. Yes, the income was US-sourced (I was in the US longer than 183 days as well, and it was not earned through a permanent establishment).    I will apply for the extension as you recommended. I'm unsure how to accurately determine how much taxes I owe to send the check with this form, so I think I will reach out to a US accountant to help. In the past, when living in the US, I have only ever had quite simple tax situations and used free file software, but I think getting an accountant might be necessary for this year at least.   
  8. I apologize if this specific question has been asked already, but I can't seem to find it:    2020 was my first full year living in Germany with income. My tax situation is quite complicated, as I have income from work within Germany, as well as some from work in the US, and some investment related income due to a roth rollover. I have reached out to a tax accountant in Germany in February who said they are working on preparing my German tax declaration, but when I have reached out now asking for an approximate timeline, I haven't heard anything back. I'm going to try calling again this week.    Anyway, my question: According to google, my deadline to file my US return is June 15 (2 mo. extension). First question: Is this "extension" automatic? How do they know I am abroad, or is it simply based on the information I provide when I file the return in that 2-month period?    Second question: I was originally planning to wait for my German declaration to be filed and then file US taxes later, hoping to use the credits to reduce or eliminate my US tax obligation. Based on how long it is taking the accountant, I suspect I may need to just move ahead with the US tax return. How does this work, so that I avoid double taxation? Should I inform the accountant I will pay my US taxes and then let her know how much I paid, so that it can be considered before the German declaration is filed?    Thanks in advance for any information. 
  9. Partner visiting in the next few months?

      Perfect, thanks very much for the information!   To the others - yes, I know traveling is risky not just for oneself but spread to others. As Space Cowboy said, I came here hoping to follow the rules that are in place, and ensure that whatever we decide abides by those rules. We are and will continue discussing ways to minimize the risk, including delaying the travel until it is safe to do so. I simply came here asking for clarity on the restrictions, not a judgment call on the decision of travel itself. Thanks to those who provided this information.
  10. Partner visiting in the next few months?

      Fair enough, I suppose I will continue to monitor updates in the next couple months.
  11. Partner visiting in the next few months?

    I'm not sure how resident is defined - she stays with family currently in both US and Ireland (in-between apartments atm in Ireland). 
  12. My long-term significant other (5+ years) is a citizen of an EU country (not Germany), but is currently visiting some of her family in the US for the past few months. I would like for her to come visit me in Germany in the spring, but I'm having trouble understanding the current restrictions.    I found a section on this page: https://www.bmi.bund.de/SharedDocs/faqs/EN/topics/civil-protection/coronavirus/travel-restrictions-border-control/travel-restriction-border-control-list.html;jsessionid=6E4FE4E82D6950A39D89E67F5BEC27D3.1_cid287   Which describes that if we provide proof of our long-term relationship, and I provide an invitation for her to visit, etc., she can enter. However, it also says " Unmarried partners from third countries that are not on the “positive” list” may enter Germany for short-term visits ." I would assume this means no one can enter for a partner visit from the US. However, I've heard of other people in similar situations and their significant other was able to enter (from other countries, but high-risk countries nonetheless).    Is there a government agency I should perhaps reach out to for more information?    I know of course any travel is somewhat risky, but we would prefer not to wait until the late summer or fall to see each other again.
  13. I'm having some trouble interpreting the current entry restrictions to Germany. I'm not a German citizen, but I have my student residence permit and lived in Germany around 1.5 year so far. I'm looking to return to Germany after spending the holidays in the US, but before I book my flight, I'm trying to make sure that at least under the current restriction I would be allowed entry.    Can anyone point me to the correct page to check, and any language that states legal residents have a right to return? Thanks very much in advance.