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Hi! I have lived abroad a little and want to make sure I am up to date. How do I confirm? Also how do I file and HBAR? FBAR?

 
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Hi! I have lived abroad a little and want to make sure I am up to date. How do I confirm? Also how do I file and HBAR? FBAR?

Check back. I will page Champ @pk.

pk
Level 15
Level 15

Hi! I have lived abroad a little and want to make sure I am up to date. How do I confirm? Also how do I file and HBAR? FBAR?

@lincoln-samuelso , 

(a) what is 

"I have lived abroad a little" 

We need to know your  immigration status   i.e. are you a US person  ( citizen/GreenCard/Resident for Tax Purposes ) ?

How long have you been away from  the US  ?

 Which country are you residing in ?  Are you earning there ?  Are you being taxed there ?

 

Generally  as a US person  you are subject to FBAR regulations  ( form 114  on line ONLY at www.FinCen.gov ) with a  financial  accounts threshold of  US10,000.  You are also subject to  FATCA  ( form 8938 along with your return ) with a threshold   ( specified  assets , generally semiliquid assets , pension funds etc. ) dependent on  your filing status  and your tax home ( where you are domiciled ).

 

Please answer my questions and I will come back 

 

pk

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