Being a U.S. Person (most commonly a U.S. citizen or green card holder) living abroad presents many potentially tax filing situations. Often times the expat taxpayer is unaware of these filing requirements, which can lead to even more complexity in the reporting required to the IRS.
Living and working outside the U.S.? Your foreign income still needs to be reported on your annual U.S. tax return.
Having bank accounts located outside of the United States may trigger additional filing requirements.
Non-U.S. investments (such as those in companies or certain financial instruments), often trigger filing requirements for the expat taxpayer.
Do you own foreign property that you are renting out or looking to sell? Despite it being located outside the U.S., it still must be reporting on your U.S. tax return as long as you are considered a U.S. person by the IRS for tax purposes.
