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    GTVOULA's Avatar
    GTVOULA Posts: 1, Reputation: 1
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    #1

    Mar 17, 2011, 01:57 AM
    Which line of section V of the 8854 form do I use
    Hello
    I recently moved from US to EU after being a long term permanent resident. I have a 401k which I will not be cashing in.
    I have to file form 8854. Which line of section V of the 8854 form do I use to list the 401k asset. How is the cost basis (column b) figured out?
    Thanks
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 25, 2011, 10:53 AM
    First, HOW LONG were you in the United States? Did you have a green card?

    The reason for these questions is that, if you were on a work visa (H-1 or L-1), you in fact may NOT be a long-term resident.
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