Get Irs 8898 2020

The IRS 8898 form is essential for individuals beginning or ending bona fide residence in a U.S. possession. This guide will provide step-by-step instructions to help users skillfully complete the form online, ensuring compliance with IRS regulations.

Follow the steps to successfully complete the IRS 8898 online:

1. Press the ‘Get Form’ button to access the IRS 8898 form, allowing you to open it in your preferred online setup.
2. Enter your name and current address accurately in the designated fields at the top of the form. If you are married and both of you need to file, each spouse must fill out a separate form.
3. In Part I, indicate whether you became or ceased to be a bona fide resident of a U.S. possession, checking the appropriate box and providing the relevant tax year.
4. Specify which U.S. possession you became or ceased to be a bona fide resident of, selecting from options such as American Samoa or the U.S. Virgin Islands.
5. Indicate if you are a U.S. citizen or resident alien, and provide your social security number.
6. Submit your average worldwide gross income for the three-year period prior to the tax year you are reporting.
7. For Part II, if you moved to the possession, enter the date you established bona fide residence, or if you moved from it, the date you ended bona fide residence.
8. Complete the section regarding your presence in the United States or possession during the tax year, including the number of days present.
9. Address any additional questions in Part III related to your closer connection to the U.S. or other countries, such as your driver's license location or your family's location during the tax year.
10. Finish by carefully reviewing your responses, saving changes, and then selecting options to download, print, or share the completed form.

Take the next step in your tax reporting and file your IRS 8898 form online today.