how does the IRS define one to be an expat? I have NOT renounced citizenship, but i simply reside/lived outside the US for more than 330 days of the year. When i file, I still use a US address though.
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@ericgrosman , if you are abroad on 15th of April ( Tax Day ), you get an automatic extension to June 15th, but the Payment date remains the same.
If you have a foreign tax home then your Foreign Earned Income may be eligible for Exclusion from US taxes or other ways to avoid / mitigate effects of double taxation.
Which country are you in ?
I’m in Costa Rica. I have no income in the States, but I do receive a very small amount of interest from my foreign account with over 10k in it. TTax says i can not file electronically this year anyhow and I wont owe any payments since I don’t have income…right?
Do i really have to pay TTax for such a basic filing, especially if i have to do the FBAR on my own anyhow? It is there a free method of doing this?
If you do not have self employment income of more than $400 or taxable income (over $13,850) then you do not need to file a tax return. Therefore, you would not need to pay TurboTax. You can exit out of the return, if you do not need to file.
@ericgrosman , agreeing with my colleague @Vanessa A reply to your post ( that you may not need to file a return at all), I would just to make sure that your US return as a citizen of US covers your world income ( i.e. all incomes no matter where generated ). I recognize that living in many countries outside of US is often quite lower than that in US, but you still need some source of income ( or eat into your savings ) --- please make sure that you are indeed considering all earnings before you walk away from filing US return.
Is there more one of us can do for you ?
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