by Marina Hernandez | Dec 16, 2020 | Tax Forms, Tax Reporting
In the past two posts we covered the first 8 out of the 20 most common tax forms used by taxpayers who need to report foreign income and/or assets to the IRS. Today, we are going to talk about Schedule E. Schedule E is common enough and tricky enough that it merits...
by Marina Hernandez | Dec 9, 2020 | FBAR & FATCA, Tax Forms, Tax Reporting
In our last post, we started going over the 20 most common tax forms that taxpayers with foreign income and assets typically use to report those assets and income to the IRS. We have already covered the following forms: (If you missed our previous issue, you can...
by Marina Hernandez | Dec 2, 2020 | Tax Forms, Tax Reporting
Last week we talked about year-end tax planning. This week we are going to discuss tax forms that every US taxpayer with foreign income or foreign assets needs to know. One of the key tax principles we have been discussing since the earliest posts is that a having...