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FBAR 2021 filing explained for Americans overseas and deadlines
What is FBAR filing and who needs to report it? You may have heard of FBAR filing yet still have a vague understanding of it and whether...

Who are we? Learn about 1040 Abroad
Who is 1040 Abroad? 1040 Abroad was founded by Olivier Wagner, a Certified Public Accountant and IRS Enrolled Agent. Our goal is to help...

Do you have to file U.S. expat tax return as American living abroad?
Before everyone gets into Xmas mood and forget about their tax obligations, we still have some time to discuss who needs to file a U.S....

What U.S. Expat needs to know about Foreign Earned Income Exclusion
While all Americans are taxed in their worldwide income regardless where they reside, they also have Foreign Earned Income Exclusion to...

The Difference Between Renouncing and Relinquishing Your US Citizenship?
In today's article, we decided to explain the difference between renouncing and relinquishing US citizenship. It's a question we receive...

Foreign Earned Income Exclusion vs. Foreign Tax Credit: which one is better?
Is it better to use Foreign Earned Income Exclusion (FEIE) or Foreign Tax Credit (FTC) when filing US expat taxes? Filing taxes in the...

Are You Tax Non-Compliant? You Might Not Be in as Much Trouble as You Think
This week’s question comes from a US citizen living overseas. He hasn't filed a tax return in years! He wants to know what the maximum...

What is income earned on international waters?
U.S. international taxation has never been an easy topic. Recently, we got asked about income earned on international waters. So let's dig...

What Does US Digital Nomad Need To Know About Their Taxes?
Updated on July 30th, 2018 Are you a US digital nomad or a self-employed American living abroad? This blog post is for you! All U.S....

How to qualify for the Physical Presence Test to use Foreign Earned Income Exclusion
U.S. expats can use the Foreign Earned Income Exclusion to reduce taxable income. And if you did you research on this topic, then you...

Bona Fide Residence test for U.S. expats explained
Today we want to talk about Bona Fide Residence Test, which one shall pass to qualify for FEIE. Are you an American abroad and you earn...

A royal pain: Meghan Markle, the IRS and implications of U.S. taxes
The United States is only one of two countries to impose the tax on their citizens wherever they live. One of the implications of Prince...

Tax returns, exclusions, credits and deductions for U.S. expats
Are you an American living and working abroad? Or maybe you are a Green Card holder who hasn't officially abandoned GC? If you are a U.S....

5 things to know about IRAs for U.S. expats
As an American abroad, you better have a full knowledge about IRA for US expats. Do you know IRA opportunities and tax savings you can...
