Susan Turcotte

Receiving a letter from the IRS while living abroad triggers immediate anxiety, but in most cases, the response process is straightforward. This guide covers which notice type you received, your actual response deadline as an overseas taxpayer, how to reply from abroad, and when to escalate to a professional. Before you do anything else...

FDAP income (Fixed, Determinable, Annual, or Periodical income) is a category of US-source income that the IRS taxes at a flat 30% rate when paid to nonresident aliens and foreign entities. FDAP covers interest, dividends, rents, royalties, and compensation from US sources. ...

A Form 1099 reports payments or investment income paid directly to you – contractor fees, dividends, or interest. A Schedule K-1 reports your allocated share of income, deductions, or credi...

Taxpayer Filed 2020 Tax Return; Receives IRS Notice that Return Not Filed ...