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.

IRS Form 8854 for US Expats Renouncing American Citizenship

expat filing form 8854

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

expat filing form 3520

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. […]

IRS Form 5472 – What US Expats Need to Know

expat filing form 5472

IRS form 5472 is a US filing requirement that affects some Americans living abroad who own or part-own corporations. Form 5472 must be filed by US-registered corporations that are 25% or more owned by a foreigner, and foreign corporations that trade in the US, that make any ‘reportable transactions’ during the filing period. A ‘reportable […]

Taxes for Expats – IRS Tax Forms for US Expats Explained

irs tax forms for expats

Americans living abroad are still required to file US taxes and declare their worldwide income. They may also have to pay US taxes, regardless whether they are also paying foreign taxes, though most expats claim one or more of the IRS exclusions available to expats that reduce or eliminate their US tax liability. Claiming these […]

FBAR FinCEN Form 114 – Everything US Expats Need to Know

fincen form 114

What is FinCEN form 114? The 1970 Bank Secrecy Act requires all Americans, including US expats, to report their foreign financial accounts if the total combined value of their balances is more than $10,000 at any time during a year. The reporting requirement is known as a Foreign Bank Account Report, or FBAR. For many […]

US Expat Taxes and FATCA – How to File Form 8938

fatca form 8938

Under the 2010 Foreign Account Tax Compliance Act, also known as FATCA, Americans (including expats) with a certain value of foreign assets have to report them to the IRS each year by filing form 8938 along with their US income tax return. Who has to file? All Americans who are liable to file a US […]

Form 2555 – Everything Expats Need to Know

expat filing form 2555

Form 2555 and form 2555-EZ are used to claim the Foreign Earned Income Exclusion, and form 2555 the Foreign Housing Exclusion or Deduction too. The Foreign Earned Income Exclusion allows you to exclude up to around $100,000 (the figure rises a little each year) of foreign earned income from US federal income tax. Please note […]