Understanding Your Tax Obligations Abroad

Navigating U.S. Tax Laws as an Expatriate

• As a U.S. citizen or resident living abroad, you remain subject to U.S. tax laws. This page provides an overview of the key tax rules and obligations that affect U.S. expatriates.

Who is Considered a U.S. Expatriate?

Defining Expatriate Status

• A U.S. expatriate generally refers to a U.S. citizen or green card holder who resides outside the United States.
• Understand the specific criteria that determine your tax obligations as an expatriate.

Income Tax Reporting

Filing U.S. Tax Returns While Living Abroad

• Requirement to file a U.S. tax return if your income exceeds the IRS filing threshold.
• How to report your worldwide income, including wages, self-employment income, and other earnings.

Foreign Earned Income Exclusion (FEIE)

Reducing Your Taxable Income

• Eligibility for the FEIE to exclude a certain amount of your foreign earned income from U.S. taxation.
• Qualification criteria, including the Physical Presence Test or the Bona Fide Residence Test.
• Steps to claim the FEIE on your tax return.

Foreign Tax Credit (FTC)

Avoiding Double Taxation

• How to claim a credit for taxes paid to a foreign country.
• Limitations and calculation of the FTC.
• Required forms and documentation for claiming the FTC.

Reporting Foreign Bank Accounts (FBAR)

Disclosure of Foreign Financial Accounts

• Requirements for reporting foreign bank accounts and financial assets.
• Penalties for failure to report.
• How to file the Report of Foreign Bank and Financial Accounts (FBAR).

Additional Reporting Requirements

Other Forms and Obligations

• Obligations to report foreign trusts, gifts, and business interests.
• Forms like Form 8938 (Statement of Specified Foreign Financial Assets) and others that may apply.

State Tax Considerations

State Tax Obligations for Expatriates

• Understanding if and how your state of last residence in the U.S. may still impose tax obligations.

Tax Planning and Advice

Strategies for Minimizing Tax Liabilities

• Importance of tax planning for expatriates.
• Consultation services for personalized tax strategies and compliance.

Resources and Assistance

Support for U.S. Expatriates

• Links to IRS publications and resources specific to expatriates.
• Access to professional tax advisors specialized in expatriate taxation.

Contact Us

Get Expert Tax Assistance

• Reach out for expert advice and assistance in managing your tax obligations as a U.S. expatriate.