If you're looking for US Expat tax information, then start here! This video is for US expats who want to understand more about US expat tax deadlines, filing expectations, affordable expat tax service providers, and what to do if you have never filed a tax return.
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Do US expats pay taxes?
This is a trick question. Not only do American expats have to pay tax in their new country of residency, but they also are responsible for filing taxes back home.
As specified by the IRS, ‘… if you are a U.S. citizen or a [green card] resident living outside the United States, your worldwide income is subject to U.S. income tax, regardless of where you live.’
Filing taxes is different from paying taxes however.
Yes you need to file taxes every year, but different exclusions and ways of filing could potentially exclude you from paying taxes in the United States. In a previous article, I dive deeper into tax filing and common mistakes.
In this video, we’re going to cover:
- Expat Tax Basics
- Tax Deadlines
- What to do if you’ve never filed taxes
- How to file your own taxes using the ‘MyExpatTaxes’ Service
This is a sponsored post in cooperation with MyExpatTaxes. Nevertheless, all of the opinions are of my own volition and I’ll be providing my honest feedback on their information and services.
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