Mel Whitney

Form 1099-DIV is the information return your broker, mutual fund, or other payer sends you each year to report dividends and certain distributions of $10 or more. You don't file the form itself with the IRS – your broker already did that. You use the numbers on it to fill in your Form 1040 and Schedule B. This guide walks thro...

Nine US states do not tax individual wage income: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. For US citizens and green card holders moving abroad, choosing one of these states with no income tax as your domicile before departure can stop your old state from continuing to tax your foreign incom...

Pour de nombreux Américains vivant en France, le problème commence par un simple e-mail de leur banque. ...

Form 706-NA is the US federal estate tax return used to compute estate and generation-skipping transfer (GST) tax liability for a nonresident non-citizen (NRNC) decedent who owned US-situated assets at death. The executor must file within 9 months of the date of death if the gross US estate, gift tax specific exemption, and adjusted tax...

US taxes on foreign property do not usually start when you buy a home abroad. They usually start when the property earns rent, is sold at a gain, is held through a foreign entity, or connects to foreign accounts above the $10,000 FBAR threshold. US citizens and resident aliens must report worldwide taxable income, even while living abroad, under ...

Not sure whether to file Form 1040 or 1040-NR? It comes down to your tax residency, and the IRS rules are more nuanced than they appear at first glance. Whether you're filing for the 2025 tax year in early 2026 or planning ahead for 2026, understanding your residency status is essential to choosing the correct form and avoiding costly mistake...