Bright!Tax US Expat Tax Blog

Currency Exchange Rates For US Expat Tax Returns Guide

expats currency exchange rates

Living abroad is the adventure of a lifetime, however American expats are still required to file a US tax return reporting their worldwide income, as well as complying with the tax rules in their country of residence. Furthermore, there are extra US tax filing requirements that only apply to expats, such as filing an FBAR, […]

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. […]