Reid Kopald — Author at Taxes for Expats (Page 4)

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At TFX we've been doing taxes for U.S. expats for over 25 years
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Expat taxes are complicated. Seriously.
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Featured reads

Mar 21, 2024

Moving expenses tax deduction: a primer

Mar 14, 2024

Form 8880: Credit for Qualified Retirement Savings Contribution

Mar 14, 2024

Guide to IRS Form 9465: Installment Agreement Request

Services

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Overview

Getting started
Easy process with an expert tax preparer
US expat tax return
No matter where you reside — you must file US tax returns
Streamlined procedure
No matter where you reside — you must file US tax returns
Non-resident tax preparation
TFX helps non-US aliens or Green Card holders file returns
Free expat tax extension
Get 6 extra months to file – quick, easy, and penalty-free

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Tax planning
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Scary letter from the IRS? TFX can help
Tax projection
Selling stocks? New job? Make educated financial decisions

Expatriation
How to renounce citizenship or green card
Check my return
TFX can review your prior returns for errors
Amended tax return
We can re-file returns that need a little fixing up
Representation
TFX can call and negotiate with the IRS on your behalf

Streamlined domestic
Amnesty program for those residing in the states
FBAR filing
Comprehensive FBAR and FATCA compliance services

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Personalized tax prep quote in 2 minutes
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Tax preparation fee calculator
Discover the average cost of tax return preparation for you
Substantial presence test calc
Easily determine your US tax residency status

Pricing

Tax guide

Join live webinar

Articles

Moving expenses tax deduction: a primer

Disclaimer ...
Mar 21, 2024

Form 8880: Credit for Qualified Retirement Savings Contribution

Disclaimer ...
Mar 14, 2024

Guide to IRS Form 9465: Installment Agreement Request

As a taxpayer, there may be times when you find yourself unable to pay your tax bill in full. ...
Mar 14, 2024

Self-Directed IRA (SDIRA): Every detail you need to know

Disclaimer ...
Mar 02, 2024

Maximizing your retirement contributions: Navigating IRA limits for 2024

In today's ever-changing global economy, the push towards retirement savings is more critical ...
Feb 23, 2024

Decoding Form 1310: A guide to claiming tax refunds for deceased taxpayers

Disclaimer ...
Feb 16, 2024

Filing taxes for the deceased (A guide for the recently departed)

Disclaimer ...
Feb 02, 2024

What is Net Investment Income (NII) [and how it is taxed]

Taxes – the unavoidable rendezvous that each of us has wit...
Jan 26, 2024

What is Alternative Minimum Tax and strategies how to minimize AMT

The Alternative Minimum Tax (AMT) is a tax system that ensures wealthy individual...
Jan 25, 2024

Form 8615: Tax for Certain Children Who Have Unearned Income

Filing taxes can be a complicated and confusing process, especially when it comes to certain forms...
Jan 19, 2024

Understanding Form 4137: Social Security and Medicare Tax on Unreported Tip Income

IRS Form 4137 stands out as a critical document for many workers in the service industry. <...
Dec 27, 2023

Cryptocurrency Tax Reporting for American Expats 101

Cryptocurrency transactions have become very popular nowadays and every American citizens, includi...
Mar 18, 2022

All articles

IRS 101

How to obtain a copy of past returns

Prior year transcripts - who to call, which forms to fill out, etc.

How IRS can find you abroad

A common misunderstanding is that US citizens abroad do not have to file tax returns

Expatriate tax audits

Audits are no fun, especially when the documents are not standard US tax forms; TFX can help

Tax penalties & interest

How the IRS computes tax, interest, and other penalties & what you can do to avoid them

Can you e-file US tax return from abroad

TFX is an authorized e-file firm and e-files tax returns for taxpayers globally

How to pay IRS electronically from abroad

If you do have a tax bill, what are the ways you can pay the IRS?

How to file an amended return

We can amend prior filed returns to ensure you get the deductions & credits you are eligible for

IRS mailing addresses

In cases where E-filing is not permitted (IRS rules), we outline where and how to snail mail the returns

IRS statute of limitations

The IRS can’t chase you forever; we break down the rules behind the IRS statute of limitations

ITIN Q&A

What are ITINs, who needs one, how to get one, and when they expire

All IRS 101

Tax musings

Financial planning

Tax saving strategies

Recently published

Recently Published Articles

Foreign nationals

Case studies

All tax musings

Tax concepts

Glossary of tax terms

Expatriate tax glossary. Commonly used terms explained

Definition of US tax terson

More complicated than it sounds. How ‘US Person’ is defined by the IRS and what it means to you

Resident & non-resident aliens

“Resident” can have many different meanings for the IRS.

Foreign bank account report: FBAR

FinCEN Form 114 and filing requirements explained. Who needs to file, when, and why?

Foreign retirement accounts

How is your nest egg treated by the IRS? It depends on the country and the plan

Foreign tax credit (FTC)

How to avoid double taxation

Physical presence test

One of two ways to meet the Foreign earned income exclusion (FEIE)

All tax concepts

Expat tax 101

Why file

It’s the law. But, outside of legal reasons, many taxpayers may also benefit from refunds

Expat tax deadlines & due dates

There are many different deadlines & possible extensions - TFX can keep you abreast.

Tax documents required

Which documents you may require in getting caught up to date on your tax returns

Do expats file state taxes?

It depends. State taxes are one of the most misunderstood aspects of expat tax.

Common tax forms

Thousands of tax forms exist, but which select few you really need to understand

Dependents & exemptions

How to understand these two terms & use them to your advantage to obtain tax refunds

Foreign spouse tax implications

How to understand these two terms & use them to your advantage to obtain tax refunds

Totalization agreements

Why these complex terms can mean a lot to self-employed individuals & digital nomads

Green Card holders

US tax filing requirements & credits specific to permanent residents

Surrendering citizenship or Green Card

Big life choice that also carries hidden tax implications & filing requirements

Social security survivor benefits

Will your non-US spouse be sble to receive survivor, dependent, or spousal benefits?

All expat tax 101

Who we help

Americans working abroad

US citizens & Green Card holders who are living and working outside the US

American educators abroad

TFX has partnerships with many international schools to assist their staff with tax filings

American contractors overseas

Contractor taxes contain many nuances, especially for potential state tax filing requirements

Employees of international organizations

Aid workers (& other staff) of the UN, EC, WHO or WB have many tax advantages and tax complexities

Pilots

Thx for keeping us safe in the sky! International pilot taxes are *almost* as complex as flying a jet

Military

Working in war zones or stationed abroad, TFX can help understand filing requirements

Digital nomads

Global citizens who earn a living without a permanent establishment

Retirees abroad

TFX files returns for American retirees globally & ensures their nest eggs are protected

Small business owners

We support entrepreneurs globally & explain how to make the most of your hard-earned earnings

Green Card holders

Permanent residency has tax implications - we explain what you need to know

Accidental Americans

Born with a U.S. citizenship but never filed tax returns? TFX can help.

Dual citizens with US passports

Multiple citizenship is in vogue! TFX explains your U.S. tax filing requirements

Country guides

Dominican Republic

Iceland

India

All country guides

Five things you need to know before you move abroad

TFX help & support
Frequently asked questions & tips
Tax questionnaire guide
How to use our handy tax questionnaire
Daily webinar
We host a daily webinar to walk through our easy process and answer questions

Contact

Articles

Moving expenses tax deduction: a primer

Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...

Form 8880: Credit for Qualified Retirement Savings Contribution

Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...

Guide to IRS Form 9465: Installment Agreement Request

As a taxpayer, there may be times when you find yourself unable to pay your tax bill in full. The IRS understands that this can happen and has created a solution for such situations - the IRS Form 9465, or the Installment Agreement Request. This form allows taxpayers to request a monthly payment plan to pay off their tax debt ...

Self-Directed IRA (SDIRA): Every detail you need to know

Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...

Maximizing your retirement contributions: Navigating IRA limits for 2024

In today's ever-changing global economy, the push towards retirement savings is more critical than ever. With the stock market's ups and downs, yet overall upward trajectory, savvy investors are looking to bolster their financial futures. It's essential, however, to approach this with caution — especially for...

Decoding Form 1310: A guide to claiming tax refunds for deceased taxpayers

Disclaimer This article is for informational purposes only and does not constitute legal or tax advice. Always consult with a tax professional for your specific circumstances. ...