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  1. Expat Tax
    Hi All, As I'm preparing my 2020 returns I'm realizing I've made a number of mistakes in the past, I want to correct them and am fine paying the taxes which shouldn't be more than a few thousand dollars but I'm terrified by other potential consequences and significant penalties. I've probably...
  2. USA Expat Forum for Expats Living in the USA
    [Two Part Long Post] Hi I’m at a loss and I’m hoping that someone can help or direct me to the right place to start? I’ve been living in the US since 2008, I’m a permanent resident since 2011 and my husband files his tax return every year as joint. I was unaware that every year I was supposed to...
  3. Expat Tax
    Just made my first visit to the IRS site for the new filing season, and I'm pleased to report that the 2019 forms all seem to be available. The Free File section is also open for business, though the Free File Fillable section for e-filing won't be open until January 27th this year...
  4. Expat Tax
    i am in UK for last 5 years and on ILR. I was working in the uK but presently not so i am not paying any income tax. Hence, not filing tax returns in the UK. I am taking life insurance in India and they want me to complete the FATCA declaration form which asks for details like which all...
  5. France Expat Forum for Expats Living in France
    I'm looking to move my banking business to an online bank, and in the course of doing my "due diligence" have stumbled onto a couple of very interesting articles that may be of interest to some of our forum members: https://www.capitaine-banque.com/actualite-banque/banque-pour-etranger/ This...
  6. Expat Tax
    I am working on preparing my FBAR filing for 2017. I am a US person living abroad. I am a 39% owner in a company and also a signatory on its bank account. The company took a loan that was deposited into the account. should the maximum value of the account be reported including the loan or...
  7. Expat Tax
    Hi, I've been living and working in Spain since 1999 and became a naturalized Spanish citizen in 2005. At the time I swore an oath of loyalty to the Spanish crown and renounced my American citizenship before a Spanish judge at the ministry. Being a naive, I thought that was the end of it. I...
  8. Expat Tax
    I filed an Fbar for the 3rd time yesterday and forgot to add 2 checking accounts. I only added the biggest one. The accounts in question have a couple of thousand dollars on them. Together they get over 10k. I have mentioned them in my earlier FBARs.. Very worried about penalties or getting...
  9. Expat Tax
    The DA "FBAR/FATCA Task Force" (which as far as I know is not a force and has no task) has posted some comments on the DA website at FBAR/FATCA Task Force Report - Democrats Abroad From the FATCA bit: Also comments on the most recent American Citizens Abroad proposal for Residence Based...
  10. Spain Expat Forum for Expats Living in Spain
    Hi, it seems that most postings (all?) on this topic of investment/tax advice for we ex-pats in Spain relate to British ex-pats (and sometimes other EU). The rules are very different for US citizens (or more generally US persons, per the US IRS, the US tax man). Is someone else here an American...
  11. Mexico Expat Forum for Expats Living in Mexico
    Hello: We are moving to Mexico and I'm reading up on the new FATCA rules that have discouraged banks from providing services to expats. I'm even read where US banks close accounts on people living abroad. Has anyone experienced this problem? Are there banks that are not prone to closing your...
  12. Expat Tax
    Thought this study might be of interest to those of you dealing with FATCA. It's a study done by ACA Global Foundation and the University of Nevada about the effects of FATCA on US taxpayers living overseas...
  13. Thailand Expat Forum for Expats Living in Thailand
    Hey there, My problem really applies to an American expat living anywhere, so this perhaps belongs in a more general group, but I cant seem to find one. I am posting this in the Thailand forum as I currently live in Bangkok and paying Thai taxes. I have recently been told about a thing called...
  14. Expat Tax
    Dear Experts, I came in US at the end of 2010 in a temporary work visa in a small US city. I took help from local CPA to file my IRS and State Taxes. I was not aware of the FBAR form and declaration of foreign interest. I recently came to know from one of my friend about these. I missed taxes...
  15. USA Expat Forum for Expats Living in the USA
    Hello all, I have a question about FBAR/FATCA that has really making me concerned recently. I moved from France to the USA in 2008 to get a master's degree under a F1 VISA. I have been working since September 2009 in an American company, in the USA. I was for the first 2 years on the OPT...
  16. Expat Tax
    Hi other Americans, Has anyone heard about the FATCA declaration? From what I understand and from speaking with a commercialista, Italian banks will inform the US if you have over €10,000 in your Italian bank and you can then be taxed on that income. Here is the website. FATCA E I CITTADINI...
  17. Expat Media & Research Requests
    The American Citizens Abroad Global Foundation (ACAGF), a section 501(c)(3) charitable organization that supports education and research on issues affecting Americans abroad working in cooperation with faculty of the University of Nevada, Reno’s College of Business, announce a research project...
  18. Articles: Americas
    An organisation that represents American expats has called on the United States Treasury to amend tax regulations to exempt those living abroad from the Foreign Account Tax Compliance Act (FATCA). FACTA was introduced in 2010 to tackle what was seen as a growing number of wealthy US citizens...
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