The Coronavirus (COVID-19) affects our daily lives and turns everything upside down. Americans Overseas will keep you informed with the latest news.
The US has passed a financial support package for all Americans also the ones living Overseas. It’s called the CARES Act (Coronavirus Aid, Relief, and Economic Security)
In short: You will receive a $1.200,- cheque automatically from the US government if you don’t make over $ 75.000,- and have filed your 2019 or 2018 return, again also when living overseas.
The health of our colleagues and their families is a top priority for Americans Overseas. We also aim to keep our services running unchanged in a good and safe manner.
Americans Overseas is fully equipped to work digitally and remotely. This enables our team to speak to you by telephone and email.
It may be that our telephone numbers are a little busier than you are used to from us. The best solution, in that case, is to make a callback request by email or ask your question by email.
We are currently urging the Dutch Banking Association to request that member banks not refuse to provide accounts or services for Americans until further notice.
If the U.S. government takes measures that affect your situation or tax return, we will notify you immediately.
Currently, the U.S. Consulate is closed to services such as providing a CLN (Certificate of Loss of Nationality of the United States) or SSN (Social Security Number).
If you have or would like to make an appointment, please check the website of your local consulate.
The deadline for filing the US tax remains the same, the deadline for paying tax has been postponed to July 15, 2020.
Despite the virus and the restrictions imposed in the various countries, the Americans Overseas Team is fully at your disposal by mail and telephone. If you have any questions about tax liabilities and/or questions about the effect of the virus on your 2019 U.S. tax return, we’re happy to help. We wish everyone strength in these uncertain times, Team Americans Overseas
Understanding the US tax system, the obligations, and all the additional terms can be difficult. Especially if one lives outside of America. Is your question not answered? Contact us.
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.
Read more... about Who is required to file taxes in the US?Yes, US citizens are required to file taxes on their worldwide income, regardless of where they are living.
Read more... about Do US citizens living abroad still have to file taxes in the US?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.
Read more... about How can I cash my US check?US citizens living abroad may be required to file Form 2555 and/or Form 1116 to claim the foreign-earned income exclusion.
Read more... about Are there any special tax forms required for US citizens living abroad?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.
Read more... about What is FBAR filing?