US Expat Tax Forms

Because the US taxes based on citizenship, all Americans, including expats, are required to file a federal tax return each year, reporting their worldwide income. Expats often also have to file additional IRS forms, to avoid double taxation.

IRS Tax Forms for Expats

Expats may also have to file IRS tax forms relating to any foreign bank and investment accounts they may have, as well as reporting their foreign financial assets and foreign registered businesses.

Taxes for US Expats – How to File an FBAR (FinCEN Form 114)

Taxes for US Expats – How to File an FBAR (FinCEN Form 114)

American citizens and green card holders are required to continue filing US taxes, reporting their worldwide income, after they relocate abroad. This is because the US taxes based on citizenship, rather than on residence like most other countries.   When they file, expats can claim one or more exemptions such as the Foreign Tax Credit […]

New IRS Form 1040 – What US Expats Need to Know

New IRS Form 1040 – What US Expats Need to Know

When campaigning, Donald Trump promised not just to lower taxes, but also to simplify the tax filing process. Last week, the IRS released the draft of a new form 1040 for consultation over the summer, with the final version due to be confirmed in the Autumn. In this article we look at what the changes […]

Taxes for US Expats – Filing Form 1040 From Abroad

Taxes for US Expats – Filing Form 1040 From Abroad

If you’re an American citizen or green card holder, you’re required to file US taxes wherever in the world you live, reporting your worldwide income. The US is almost the only country in the world that requires all of its citizens to file even if they live abroad. This means that US expats often have […]

IRS Form 8854 for US Expats Renouncing American Citizenship

IRS Form 8854 for US Expats Renouncing American Citizenship

Americans living abroad are still required to file a US tax return, reporting their worldwide income, as well as obey the tax rules in the country where they live. Many US expat have settled abroad permanently though, and they justifiably wonder why they must continue filing a US tax return every year, even if they […]

Form 3520 – Reporting Foreign Offshore Trusts for US Expats

Form 3520 – Reporting Foreign Offshore Trusts for US Expats

Americans living abroad are still subject to US tax filing requirements on their worldwide income. There are also further US filing requirements just for expats, including having to report foreign bank and investment accounts if the expat’s combined balances exceed $10,000 at any time during the year, and reporting foreign financial assets on form 8938. […]