Many U.S. expats do not know that they have to file their tax returns while living abroad. The IRS introduced few amnesty programs and one of them is called “Streamlined Procedures”. In today’s infographics we cover all necessary facts that you need to know about becoming tax compliant using this program. Educated yourself in easy and fun way by following our weekly infographics!
Are you ready to become tax compliant? As you can see, it’s easy and there is nothing to worry about. We can help you to live your expat life freely and without hassle of dealing with late tax returns.
Hello,
I was working in Asia, (mostly Vietnam and China), for most of the last 10 years as a teacher. I was not aware that I was supposed to file. I don’t think I have any tax liability, but I would like to file the returns. I am wondering if filing using the procedure would increase my quarters worked for purposes of Social Security. If so, it would be well worth my filing. Thank you.
Hi Brian,
Thank you for contacting us. We have sent you an email with a detailed introduction to the process.
Hello,
I was not aware I was supposed to file US taxes while living abroad, but now I want to use this program to straighten it out. In 2018 I became self-employed.
Am I still eligible for this program even since I am self employed now? If yes, for 2016 and 2017 I would file forms 1040, but for 2018 I am not sure which form to file. On IRS website for this program, it states I should file form 1040, but I think it is not considering self-employed people
Hi Matt,
It is also Form 1040. You report your self-employment income on Schedule C. We’re here to help if you would like assistance info@1040abroad.com