Refers to any country or place outside the US.Articles related to this subject:
The office of a foreign country in another country that represents its citizens.Articles related to this subject:
The legal status of being a citizen of two countries.Articles related to this subject:
The Foreign Account Tax Compliance Act is a US law that requires foreign financial institutions to report on US persons with accounts over a certain threshold, in order to prevent tax evasion.Articles related to this subject:
The office that handles US government benefits for US citizens living abroad.Articles related to this subject:
The standard US individual tax return form that all US persons must file to report their income to the Internal Revenue Service (IRS).
A tax form used to make estimated tax payments throughout the year.
A tax form used by nonresident aliens who have income from US sources.
A tax form used to report income earned by trusts and estates.
A tax form used to report healthcare coverage information under the Affordable Care Act (ACA).
A tax form used to report mortgage interest paid.
A tax form used to report various types of income, including freelance and contract work.
A tax form used to claim the foreign tax credit, which allows US persons to offset US tax liability with foreign taxes paid.
A tax form used to claim the foreign earned income exclusion, which allows US persons to exclude a certain amount of foreign income from US taxation.
A tax form used to report foreign trusts and gifts received from foreign entities.
A tax form used to request an extension of time to file a tax return.
A tax form used to report ownership in foreign corporations.
A tax form used to report income from passive foreign investment companies (PFICs).
A tax form used to report ownership in foreign partnerships.
A tax form that US persons must file to report their foreign financial assets if they exceed certain thresholds.
A tax form used to report the value of assets received from a decedent's estate.
A tax form used to reconcile advance premium tax credits received under the ACA.
A tax form used to claim exemptions from the ACA's individual mandate.
A tax form that employers must provide to their employees by January 31st each year, which shows the employee's earnings and tax withholdings for the previous year.
A form used by non-US persons to certify their foreign status to US withholding agents.Articles related to this subject:
A document that allows a non-US citizen to live and work in the US permanently.Articles related to this subject:
The country where a US citizen lives while abroad.Articles related to this subject:
An agreement between the US government and a foreign government to implement FATCA reporting requirements in the foreign country.Articles related to this subject:
The Internal Revenue Service, the US government agency responsible for collecting taxes.Articles related to this subject:
An Individual Taxpayer Identification Number is a tax processing number issued by the IRS to individuals who are required to file a US tax return but are not eligible for a Social Security Number.
The process of becoming a citizen of a country.Articles related to this subject:
A document that proves a person's identity and citizenship when traveling abroad.Articles related to this subject:
A tax form that individuals can use to itemize their deductions, including charitable donations, mortgage interest, and medical expenses.
A tax form that individuals can use to report interest and dividend income.
A tax form used by self-employed individuals to report their business income and expenses.
A tax form used to report capital gains and losses from investments.
A tax form used to report income or losses from rental properties, partnerships, and S corporations.
A US government-funded retirement and disability program.Articles related to this subject:
The US government agency responsible for foreign policy and diplomacy.Articles related to this subject:
An agreement between two countries that prevents double taxation.Articles related to this subject:
Need more in-depth information? We have gathered the frequently asked questions. In case you still have questions, don’t hesitate to reach out to us. We’re here to help.
U.S. citizens and resident aliens who live abroad are generally required to file a federal income tax return and pay taxes on their worldwide income.
Yes, US citizens are required to file taxes on their worldwide income, regardless of where they are living.
Received an American check? You can cash your check in the following ways: cash the check at your own bank, transfer to another person (endorsement), cash checks using an online service or cash the check by another bank.
US citizens living abroad may be required to file Form 2555 and/or Form 1116 to claim the foreign earned income exclusion.
FBAR (Foreign Bank Account Report) filing is the requirement for certain U.S. individuals and entities to report their foreign financial accounts to the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of Treasury. The FBAR filing requirement applies to U.S. persons who have a financial interest in, or signature authority over, one or more foreign financial accounts, if the aggregate value of those accounts exceeds $10,000 at any time during the calendar year.