Bright!Tax US Expat Tax Blog

Form 709: Do You Need to File a Gift Tax Return?

Cash tied with a red ribbon, representing a financial gift that may require filing Form 709 for gift tax reporting.

Give someone more than $19,000 in 2026, and you’ll need to file IRS Form 709 unless another rule exempts the gift from reporting. The regular deadline is April 15, 2027, even if your gift tax bill comes to $0. That’s the part that catches people out. You help your daughter buy a flat or move […]

IRS Exchange Rates: Which Rate Goes on Which Form?

Freelancer counting U.S. dollars beside a laptop and charts, reflecting the currency conversions often needed when using IRS exchange rates.

There’s no single IRS exchange rate for every expat tax situation. The right rate depends on what you’re reporting: regular income, a foreign account, an asset sale, or foreign taxes. At Bright!Tax, we help U.S. expats get those conversions right. Here’s when to use an annual average, a transaction-date rate, or a year-end rate—and why […]

Alternative Minimum Tax: A Second Tax Bill for Expats?

Woman working on a laptop in a café, reviewing finances that may be affected by the alternative minimum tax.

Alternative Minimum Tax (AMT) can increase your U.S. tax liability when a separate calculation produces a higher result than the regular tax rules. A large investment gain, stock-option exercise, or certain deductions can bring it into play—even while you live abroad. At Bright!Tax, we help Americans abroad understand their U.S. tax obligations. Here’s how AMT […]

Expat Tax Advice: What Our U.S. Tax Experts Want You to Know

Young woman reviewing expat tax advice to manage her finances abroad.

Living abroad doesn’t end your U.S. tax obligations—but filing a return doesn’t necessarily mean you owe tax. Your income, accounts, and eligibility for tax breaks determine what you need to report and pay. At Bright!Tax, we help Americans living abroad make sense of those details. Here’s our U.S. expat tax advice for getting the paperwork […]

Gift Tax for U.S. Expats: When Generosity Means Paperwork

Young man using a laptop in a café, handling personal finances that may involve gift tax reporting.

Giving money to family abroad—or receiving a generous gift—doesn’t automatically mean a U.S. tax bill. But gift tax exclusions, the donor’s tax status, and reporting requirements determine what you need to file. At Bright!Tax, we help Americans abroad understand their U.S. tax obligations. Here’s how to separate a gift that needs paperwork from one that […]

Spousal Social Security Benefits: Can Your Foreign Spouse Claim?

Couple celebrating together on a scenic hilltop, capturing the security and shared future supported by spousal Social Security benefits.

A non-U.S. spouse can qualify for spousal Social Security benefits on a worker’s U.S. earnings record—even without a U.S. work history of their own. Receiving those benefits while living abroad requires a separate check of citizenship, residence, and overseas-payment rules. At Bright!Tax, we help Americans abroad understand the U.S. tax implications of retirement income. For […]