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The reason I ask is because for the forms I mentioned, it's very easy to either make an error or fail to file a form you were required to. The fact that you me
by junar 5y ago
The reason I ask is because for the forms I mentioned, it's very easy to either make an error or fail to file a form you were required to.
The fact that you mentioned "paper file" is a bit worrisome. You were required to file an FBAR if you had foreign accounts (such as bank accounts) totaling more than $10,000, and given your stated income, that seems likely. FBAR must generally be done electronically, and is a separate process from your tax return.
https://www.irs.gov/businesses/small-businesses-self-employed/report-of-foreign-bank-and-financial-accounts-fbar https://www.irs.gov/businesses/small-businesses-self-employe...
- hermannj314 5y agoI appreciate this info. Normally, I found, when filling out a 1040 and walking through line by line, you are able to discover the forms you need and guide yourself quite easily. In the case of citizens living abroad, there is a publication as well that mentions everything, including all the forms and the FBAR you talk about. I found the process is quite discoverable and linear. Also - the FBAR did not apply to me based on how I moved my money back to my domestic account, the foreign account was a current account for local bills, its balance never exceeded $5k.