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Id407 Form 2012-2025

Hong Kong Employment Labour 2012-2025 Form

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Instructions and help about form id407 submit online

good afternoon this is attorney Sean Golding from Goulding and goldlink the topic of today's conversation is USCIS form ID 407 this particular form is not a tax form but it can start the ball rolling on issues involving expatriation and exit tax so technically this form is used by legal permanent residents who are seeking to abandon the legal permanent residency status we'll go into this in a moment but just letting the green card expires is not the same thing and you would still be considered a u.s. person for tax purposes so generally the situation is you have a legal permanent resident they have a green card they may be living in the US they may not and they decide they want to relinquish or give up the status this is a form of voluntary abandonment and once a person gives up their legal permanent residency status no longer have a green card then they may have to move on to the next step of filing a form 8850 4 which is a tax form so generally there is different type

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