1040 Abroad
  • About Us
  • Services
    • Federal tax return preparation and filing
    • State tax return preparation and filing
    • Late tax returns from prior years
    • Free extension filing
    • FBAR filing
    • FATCA reporting
    • Streamlined Compliance package
    • Tax consulting and advice
    • Canadian tax return
    • Immigration to and out of U.S.
    • Renouncing U.S. citizenship
  • blog
  • FAQ
    • About U.S. expat taxes for Americans overseas
    • Who is a U.S. person for tax purposes?
    • Filing U.S. expat tax return
    • Filing late taxes as a US expat
    • U.S. Expat deductions and credits
    • Tax penalties and fines for U.S. expats
    • Renouncing U.S. citizenship
    • Filing taxes with 1040 Abroad
  • Resources
    • Free tools
    • Book
  • Contact
  • Client Portal
Select Page
Forced to Return to US From Abroad? Check Time Waivers for Exclusion

Forced to Return to US From Abroad? Check Time Waivers for Exclusion

May 7, 2020 | Credits and deductions, Personal U.S. expat taxes, US expat taxes by different countries

The IRS has provided Time Waivers for Exclusion for taxpayers who were working abroad and returned to the U.S. because of the COVID-19 pandemic before meeting the foreign residency requirements that would qualify them to exclude or deduct all or a portion of the...
Federal Stimulus Checks

Federal Stimulus Checks

Mar 28, 2020 | Business U.S. Expat Taxes, Credits and deductions, Personal U.S. expat taxes

On March 25th, 2020 congress passed a federal stimulus package named Coronavirus Aid, Relief, and Economic Security Act (CARES Act), worth $2.2 trillion. The bill has also been signed into law by Donald Trump. This bill will provide some relief to millions of...
Using FEIE: Physical Presence Test for U.S. expats

Using FEIE: Physical Presence Test for U.S. expats

Aug 10, 2019 | Credits and deductions, Personal U.S. expat taxes

To use the Foreign Earned Income Exclusion, you need to pass either the Physical Presence or Bona Fide Residence Tests. As an American abroad, for 2018 tax year you could exclude up to $104,100 by using this exclusion. As well as you can take advantage of foreign...
Using FEIE: Bona Fide Residence Test for U.S. expats

Using FEIE: Bona Fide Residence Test for U.S. expats

Aug 8, 2019 | Credits and deductions, Personal U.S. expat taxes

U.S. citizens and Green Card holders living abroad must pass either the Bona Fide Residence Test or the Physical Presence Test in order to qualify for Foreign Earned Income Exclusion. Using this exclusion is one of the most popular and legal ways to reduce your tax...
What is Child Tax Credit and how to claim it on U.S. expat tax return?

What is Child Tax Credit and how to claim it on U.S. expat tax return?

Jun 4, 2019 | Credits and deductions, Personal U.S. expat taxes

As a U.S. expat parent, you can claim The Child Tax Credit available for individuals with a qualifying child. A tax credit is better and more valuable than a deduction. Are you wondering why? Because it creates a dollar-for-dollar reduction of your tax bill as a...
Foreign Tax Credit: Form 1116 and how to file it (example for US. expats)

Foreign Tax Credit: Form 1116 and how to file it (example for US. expats)

Feb 15, 2019 | Credits and deductions, Personal U.S. expat taxes

What is Form 1116 and who needs to file it? When talking about US taxes and taxation of US citizens who live abroad, you may have heard of Foreign Tax Credit. As well as the possibility to offset the US tax owing by using the taxes paid to another country. That way...
1234›

Categories

  • Business U.S. Expat Taxes
  • Canadian Tax
  • Credits and deductions
  • FBAR and FATCA
  • Filing Your Taxes Late
  • Personal U.S. expat taxes
  • Renouncing U.S. Citizenship
  • US expat taxes by different countries

Popular topics

Accidental American Additional Child Tax Credit americans overseas Australia Canada Controlled Foreign Corporation Current Tax Year Dual Citizens due date epa form 3520 1 FBAR foreign earned income exclusion foreign tax credit form 3520 example form 3520 instructions form 3520 part 3 form 3520-a form 4868 Form 8621 Gross Value inheritance irs irs form 3520 Non-residents Passive foreign investment companies PFIC purpose of Form 3520 qualified electing fund requirement Retirement Planning Self-Employed and Digital Nomads Self-employed digital nomad Streamlined Procedure Success Story Tax hacks tax implications of money transferred from overseas Tax Infographics Tax Reform the IRS. The UK US expat us expat tax US income tax filing US tax expat us taxpayers
© 1040Abroad 2021 Realisation: Inco Web
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.