Expat Tax Forms

Filing Form 1040 from overseas can feel more complicated than it should. U.S. expats still report worldwide income to the Internal Revenue Service (IRS). But deadlines stretch, exclusions like FEIE can wipe out your federal income tax bill, and extra schedules often come into play. Living abroad changes how taxable income, filing status, and credits […]

Owning rental property back in the U.S. can feel like a smart way to keep income flowing while you live abroad. And from a distance, it seems straightforward: collect rent, cover expenses, file your taxes. But the IRS doesn’t see it as passive background income. Rental activity comes with its own reporting rules—and if you’re […]

For Americans abroad, some tax forms feel like chores. But Form 2555 is different—it’s the one that can actually make your U.S. tax bill smaller. Form 2555 is how you claim the Foreign Earned Income Exclusion (FEIE), a benefit that lets you exclude a significant portion of your foreign salary or self-employment income from U.S. […]

Living abroad can reset almost everything—your time zone, your grocery list, even your definition of “good coffee.” What it doesn’t reset? Your obligation to file a U.S. tax return. For expats, the real prize is tax relief through the Foreign Earned Income Exclusion (FEIE) or Foreign Housing Exclusion. But to qualify, you need to show […]

You know that foreign pension you barely remember signing up for? Or the joint account you opened just to pay rent abroad? Yeah—the IRS wants to talk about it. Officially called the Statement of Specified Foreign Financial Assets, form 8938 is how the U.S. keeps tabs on Americans with money overseas. If you’re a U.S. […]

A capital gain is the increase of the value of an asset that you realize when that asset is sold. Capital gains (and losses) are reported on Form 1040 Schedule D; however the calculations to arrive at the capital gain or loss are reported on IRS Form 8949.

If your U.S. business has foreign ownership, the Internal Revenue Service (IRS) isn’t just curious—it requires you to spill the details on Form 5472. Think of it as the agency’s way of making sure international businesses aren’t skirting U.S. tax laws. This form is mandatory for foreign-owned U.S. corporations and disregarded entities that engage in reportable transactions with a foreign related party—a broad category that includes everything […]

If you have a stake in a foreign partnership, you might have a new tax form on your hands: Form 8865. The Internal Revenue Service (IRS) requires certain U.S. citizens with foreign partnership interests to report their share of income, losses, and transactions. While it might not be the most exciting part of managing a business abroad, filing correctly is essential—missing it can […]

In the world of IRS paperwork, Form 8832 is small but mighty. It’s just two pages long, yet it decides how your business will be taxed—and that choice can make a serious difference to your tax return, your tax rates, and your bottom line. You might file it when launching a new business, reshaping your […]

If you’re a U.S. citizen living abroad and investing locally, there’s a decent chance the IRS has its eye on your portfolio—even if you’ve never heard of a PFIC. PFICs, or Passive Foreign Investment Companies, sound like something you’d only encounter in a finance textbook. In reality, they include many common investment vehicles like non-U.S. […]