Which Turbotax option is right for me?

[tsabar]

I'm a dual citizen living and working abroad (Israel) for the past 16 years. I have no US income. I have not filed taxes since I moved here. I own a business which is incorporated here in Israel. I'd like live help backfiling my US taxes.

Which Turbotax option is right for me?

[KarenJ2]

This is the link for TurboTax live.  This will require a  US phone number.

Also, be aware that if you plan to pay your TurboTax fees with a credit or debit card, that card MUST: 

 - Be in U.S. Funds (dollars) 

 - Have a valid U.S. Billing Address 

 - Have a valid U.S. phone number tied to it 

Otherwise, the credit/debit card will be rejected for payment. 

If you have a business, you may wish to check out TurboTax Business version.  TurboTax has two products to serve business owners—TurboTax Home & Business is designed for sole proprietors and 1099 contractors, while TurboTax Business helps you prepare taxes for corporations, partnerships and LLCs.

With TurboTax if you need to prepare a return for 2016, 2017, or 2018 you can purchase and download desktop software to do it, then print, sign,  and mail the return(s) 

File your 2018 , 2017 and 2016 Taxes 

According to the IRS:   IRS FAQ About International Individual Tax Matters

You must file a federal income tax return for any tax year in which your gross income is equal to or greater than the personal exemption amount and standard deduction combined (per the Form 1040 Instructions for the corresponding tax year). However, for tax years beginning after December 31, 2017, taxpayers (including aliens and nonresident aliens) cannot claim a personal exemption deduction for themselves, their spouses, or their dependents.

For nonresident aliens, refer to the Who Must File section of the Instructions for Form 1040-NR, U.S. Nonresident Alien Income Tax Return.

Generally, you need to file returns going back six years. This will depend on the facts and circumstances of your particular situation. For example, refer to Information for U.S. Citizens or Dual Citizens Residing Outside the U.S.

Also, please see:

• the Report of Foreign Bank and Financial Accounts (FBAR) for U.S. taxpayers living abroad who have failed to timely file U.S. federal income tax returns;
• the 2012 Offshore Voluntary Disclosure Program for taxpayers with undisclosed foreign accounts or entities; and
• the Streamlined Filing Compliance Procedures for U.S taxpayers who fail to report foreign financial assets.

If you are a U.S. citizen or a resident alien living outside the United States, your worldwide income is subject to U.S. income tax, regardless of where you live. However, you may qualify for certain foreign earned income exclusions and/or foreign income tax credits. Please refer to Publication 54, Tax Guide for U.S. Citizens and Resident Aliens Abroad, for additional information.

You need to make sure you become current on your Report of Foreign Bank and Financial Accounts.