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Now if only I could file my expat taxes via some public service. The filing requirement in the Obama/Trump era for expats is literally insane, and I'd say even
by nvarsj 7y ago
Now if only I could file my expat taxes via some public service. The filing requirement in the Obama/Trump era for expats is literally insane, and I'd say even Kafkaesque in the truest sense. The way the government treats its expats w.r.t. tax is inhumane and makes me really dislike being an American.
- seanmcdirmid 7y agoHow did filing requirements change since 2008? I didn’t notice any differences. Also, you can use online tax preparations now as they seem to support 2555 and 1116 forms now, which wasn’t an option in 2008.
- nvarsj 7y agoI believe 2008 saw the start of mass enforcement of FBAR/FACTA, stricter requirements on foreign banks to report American accounts, etc. Things got much worse with Trump and the Republican congress - with sections 962/965 (transition tax/GILTI tax), and 5471 complexity going through the roof. Anyone with a small business, or any sort of ownership stake, was hit hard by these terribly written laws and their onerous filing requirements. Being an American expat is a giant liability these days, which is sad, because I enjoy being American. Expats will unfortunately never have much of a voice, and I don't expect things to ever improve, only get worse.