Articles

Capital gains tax on foreign property: US reporting, exclusions, and how to reduce tax

US citizens and resident aliens generally report worldwide capital gains on a US tax return, including a foreign home or rental sold in 2025 and filed in 2026. The main ways to reduce the US capital gains tax on a ...

Form 706-NA: Estate tax return for nonresident aliens - complete guide

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...

FBAR quiet disclosure: IRS risks, penalties, and safer options

FBAR quiet disclosure is not an official IRS compliance program. It usually me...

Social Security benefits for non-citizens, permanent residents, and foreign spouses

Permanent residents and many non-citizens can receive US Social Security benefits, including retirement, disability, spousal, and survivor payments. Citizenship alone is not the test. Eligibility turns on five things: work credits (yours or a spouse's) your family relationship to the worker yo...

Foreign property tax: what to know before buying or selling real estate abroad

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 ...