New Law Makes Ex-Pats End Citizenship IRS Reporting Onerous for Citizens Living AbroadCOLOGNE, Germany - Genevieve Besser knows that many people would kill to have what she's...Chu, Henry
Thanks to our increased use of tax preparers and computer software, many of us don't see our tax forms until we sign and file them. But knowing what's on these documents, either in paper or digital form, and why the IRS wants it is key to understanding our tax system. And knowledge...
Printable 1040 SR Form is a shortened document. It’s only used by taxpayers with certain types of revenue. It’s not for anyone who has any type of income, even if they are living abroad. If you are a citizen of the United States residing in foreign country, you must file a US inc...
Use Form 1040X to, among other things, correct previously filed tax returns, make certain tax elections after the deadline, change amounts previously adjusted by the IRS, and claim a carryback due to a loss or unused credit. File a separate 1040X for each tax year that is amended. Sch...
Spouse (Living Outside the US) $600,000 $400,000 Married Filing Return Separately From Spouse (Living Outside the US) $300,000 $200,000 For purposes o the IRS Form 8938, a “specifed individual” includes a: 1. US citizen; 2. resident alien o the US as determined by Section 7701...
There is nothing reprehensible about this procedure. The business that is taxed is not a creature of flesh and blood, it is not a citizen. It has no voice in how it shall be governed --- nor should it. The issues in the taxation of business are not moral issues, but are...
Nonresidents Filing Form 1040, 1040SR, 1040NR, 1040PR, and 1040SSIf you are a U.S. citizen living abroad or a nonresident alien living in the U.S., use the following addresses. Nonresident aliens use this address regardless of the state you reside in....
IRS Rules for Americans Living Abroad SharpeningBy now, most U.S. citizens living in Canada will have filed their 2012 U.S. tax returns. Right?Winnipeg Free Press
Hot IRS Topics Effecting US Citizens/Green Card Holders Living in Israel and AbroadStuart M. Schabes
Killer IRS Expatriate Tax Law- Americans Living AbroadJoe Mastriano CPA